The Boeing 737 MAX officially returned to the skies late last year after a pair of fatal crashes forced a 20-month grounding and shattered Boeing’s reputation for safety and quality control.
BOEING Co is one step closer to relegating the 737 Max crisis to the history books.
On Thursday, the aerospace giant entered into a deferred prosecution agreement with the Justice Department under which the company will pay US$2.5bil to resolve a criminal charge that it conspired to defraud the United States by deceiving the Federal Aviation Administration about certain characteristics of its 737 Max jet.
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