Boeing has agreed to pay a fine to settle criminal charges related to the 737 Max case.
Under the agreement with the feds, Boeing will pay a criminal fine of nearly a quarter-of-a-billion dollars.
The Max has been grounded for about two years following two crashes that killed nearly 350 people. Also part of the deal is a half-billion dollar fund to compensate the heirs of the victims and a nearly two-billion-dollar fund to compensate airline customers who were inconvenienced by the loss of flights due to the groundings.
The case was filed in the federal Justice Department's Northern District of Texas because two of Boeing's major 737 Max customers, Southwest Airlines and American Airlines, are based in Dallas-Fort Worth.