The US company Boeing has pleaded guilty to fraud in the case of the fatal crashes of two 737 MAX aircraft. This was reported by Reuters.
“Boeing has agreed to plead guilty to charges of conspiracy to commit fraud and will pay a $243.6 million fine to end a U.S. Department of Justice investigation into two fatal 737 MAX crashes,” the agency said.
The agency said the plea deal with prosecutors, which requires a judge’s approval, would “brand the aircraft manufacturer as a convicted felon” over the plane crashes in Indonesia and Ethiopia over a five-month period in 2018 and 2019 that killed 346 people.
“The settlement drew sharp criticism from victims’ families, who wanted Boeing to face trial and harsher financial consequences,” the piece noted.
Reuters emphasised that the US Justice Department’s drive to indict the US company “exacerbated the ongoing crisis engulfing Boeing” as a separate “January outlier” during a flight revealed ongoing safety and quality problems at the aircraft maker.
“A guilty plea potentially threatens the company’s ability to win lucrative government contracts with organisations such as the US Department of Defence and NASA,” Reuters concluded.
Recall, earlier the New York Times said that some Boeing and Airbus aircraft are equipped with components made of titanium with fake certificates of conformity of the metal, in the United States launched an investigation to identify the safety implications of flights and the number of aircraft with such parts.