Earlier this week, Boeing agreed to plead guilty to misleading US regulators regarding the safety of its 737 MAX aircraft ahead of two deadly crashes in 2018 and 2019 that killed 346 people.
The company faces a $244 million fine and other penalties, alongside being branded as a felon, pending court approval of the agreement. According to a court filing, Boeing will acknowledge guilt, pay the fine, and invest $455 million over three years to enhance its compliance and safety programs, with an independent monitor overseeing these improvements. The company's board has also agreed to meet with victims' families as part of the deal. And, notably, the plea deal does not grant immunity to individual Boeing employees or executives.
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