The agreement between the company and the U.S. government calls for creation of a $500 million fund to compensate families of crash victims.
Boeing has agreed to pay more than $2.5 billion to resolve U.S. Department of Justice (DOJ) charges involving an alleged conspiracy to defraud the U.S. Federal Aviation Administration (FAA) in connection with the FAA Aircraft Evaluation Group’s (AEG’s) evaluation of the 737 MAX.
The U.S. Justice Department says he gave the FAA ‘materially false’ information about a MAX control system.
The agency clears the way for 737-8 and 737-9 aircraft to return to service, possibly by the end of this year.
The FAA head tells the Flight Safety Foundation’s International Air Safety Summit (IASS) the 737 MAX review is making ‘excellent progress.’
