Title: Boeing Reaches $2.5 Billion 737 Max Settlement with U.S. - The New York Times
Headings: Boeing Reaches $2.5 Billion Settlement With U.S. Over 737 Max
Today in Business
Boeing Reaches $2.5 Billion Settlement With U.S. Over 737 Max
The company agreed to a deferred prosecution agreement with the Justice Department.
Today in Business
Latest Updates

Content: It is also more fuel-efficient than its predecessors. Today in Business
Latest Updates
Updated
May 28, 2021, 12:54 p.m. ET
Today in On Tech: Facebook takes on superspreaders. Boeing puts off 787 deliveries again to provide more information to the F.A.A.
Prices jumped 3.6 percent in April, the fastest pace in 13 years. While the deal will resolve one of Boeing’s legal problems, others remain outstanding. Lawyers representing the families of those killed aboard Ethiopian Airlines Flight 302 in March 2019 said the allegations in the agreement represent “the tip of the iceberg of Boeing’s wrongdoing.” Their clients are pursuing a separate civil case against the company. “The F.A.A. should not have allowed the 737 Max to return to service until all of the airplane’s deficiencies are addressed and it has undergone transparent and independent safety reviews — which to date still has not occurred,” the lawyers said in a statement. The settlement will also not affect the criminal investigation into whether the Boeing employees broke the law in connection with knowingly misleading the F.A.A. while the company was seeking approval for the 737 Max. Their actions led the F.A.A. to leave information about the MCAS software out of a final report, which in turn resulted in its omission from airplane and pilot training materials, according to the Justice Department.