Boeing to pay $2.5 billion to settle US criminal probe into 737 MAX crashes
India TodayBoeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its 737 MAX jetliners. "Boeing's employees chose the path of profit over candor by concealing material information from the FAA concerning the operation of its 737 MAX airplane and engaging in an effort to cover up their deception," Burns said, referring to the Federal Aviation Administration. DECEPTION Boeing admitted in court documents that two of its 737 MAX technical pilots deceived the FAA about a safety system called MCAS, which was tied to both fatal crashes. The deferred prosecution agreement says one employee wrote another in 2014 that if the FAA required higher-level training it would "cost Boeing tens of millions of dollars!" The $243 million fine, which the Justice Department said was at "low end" of the sentencing guidelines, represents the amount of money Boeing saved by not implementing full-flight simulator training for the 737 MAX, the agreement stated.