Boeing charged with 737 Max fraud conspiracy, to pay over $2.5 billion in fines

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Boeing charged with 737 Max fraud conspiracy, to pay over $2.5 billion in fines

Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302

Continue reading Boeing charged with 737 Max fraud conspiracy, to pay over $2.5 billion in fines at eTurboNews | Trends | Travel News Online.

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