That includes a criminal monetary penalty of $487 million, minus a credit of roughly $244 million that Boeing had shelled out for earlier penalties. It will also pay $444.5 million into a fund to benefit crash victims’ relatives, in addition to $500 million it had paid for the families under a deferred prosecution agreement in 2021.
My theory is that management dismisses safety concerns and back them in as the cost of doing business. That's certainly my observation anyway. But $2B + cost of rebuilding it's safety culture, if all these are separate, is a hefty cost for a cavalier attitude about safety. Money aside, what sticks in my craw is management gets off scott free with hefty golden parachutes. I hope the criminal case is not dismissed although I don't know if it will yield any new information. *BIG CHANGE: *The Justice Department said Friday it had reached an agreement to end its felony case against Boeing for the company’s role in the 2018 and 2019 MAX 8 disasters in Indonesia and Ethiopia, which killed 346 people. Oriana and Sam have the story <https://url4027.email.politico.com/ss/c/u001.6g0Zd3AyneOViJYBXgbV65ZWHEH5gWGSDKLrcKzwr3_ZS4DgmqxeouXkU-Vcdy7zSXjzqvehliFx9dtL84vZGYh2Wg2MC1ZoisTmQjH8fJylXXXVbWcvFwrIlGgeOVrFGhz4Ix_EVwes47i8uA0L8zcSsqV2dM1ICUJfUUXvL_8/4gu/HWs3EAlNSQ2WehJzP5Mh2Q/h9/h001.EegaDID1x5PsZDqe-hM1yUBfAPx6pdr_r8BzJyAF8_8>. Under the deal, the plane-maker must spend more than $1.1 billion on fines, safety improvements and compensation for the relatives of those who died. Democratic lawmakers last week assailed the DOJ’s shift. *WHAT MUST THE COMPANY “ADMIT” TO? *Under the agreement, the Justice Department will ask a federal judge to dismiss the case — but Boeing will have to “admit to conspiracy to obstruct and impede” federal regulators. The company declined to comment. DOJ in a statement said: “Nothing will diminish the victims’ losses, but this resolution holds Boeing financially accountable, provides finality and compensation for the families and makes an impact for the safety of future air travelers.” *AWAITING WORD: *Judge Reed O’Connor, of the Northern District of Texas, could dismiss the case ahead of a scheduled trial next month. Victims’ families filed a petition with the court Friday to oppose that. https://www.politico.com/news/2025/05/23/justice-department-abandons-biden-era-felony-charge-against-boeing-00366145 Cheers -- Kathryn -- Kathryn Creedy PHONE # 321 405 4395 US-Eastern Time Zone *Twitter*: @kcreedy *Visit me on LinkedIn*
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