Only one of those pilots was prosecuted and a jury acquitted him at trial last year. Boeing also agreed to pay $2.5 billion, including $1.7 billion in compensation to airlines that had purchased 737 Max planes but could not use them while the plane was grounded for 20 months after the second plane crashed.
Did Boeing pay 737 Max victims?
As a result, Boeing agreed to establish a $500 million fund to compensate the families of those who died, pay a fine of nearly $244 million and pay $1.77 billion in compensation to airlines.
Why was Boeing not prosecuted?
The Justice Department investigated Boeing and settled the case in January 2021. After secret negotiations, the government agreed not to prosecute Boeing on a charge of defrauding the United States by deceiving regulators who approved the plane.
How much did the families get from Boeing 737 Max?
It agreed to pay $500 million to victims' beneficiaries as part of its broader $2.5 billion Justice Department settlement.
Did the 737 MAX families get money?
It agreed to pay $500 million to victims' beneficiaries as part of its broader $2.5 billion Justice Department settlement. It reached a $237.5 million settlement with shareholders over board oversight of 737 MAX issues.
Did anyone go to jail over Boeing 737 Max?
Did anyone go to jail for Boeing?
A jury in Texas on Wednesday acquitted a former Boeing technical pilot, Mark A. Forkner, of defrauding two of the company's customers, serving the federal government a defeat in its only criminal case against an individual connected to the troubled Boeing 737 Max jet. Mr.
How much did the families get from Boeing 737 MAX?
It agreed to pay $500 million to victims' beneficiaries as part of its broader $2.5 billion Justice Department settlement.
How much did the families of the 737 Max get paid?
It agreed to pay $500 million to victims' beneficiaries as part of its broader $2.5 billion Justice Department settlement.
Did Boeing pay families for Max crashes?
Boeing later admitted responsibility for the loss of ET302. But under the terms of an agreement reached with the US government in 2021, it gained immunity from prosecution, in return for paying $2.5bn in fines and compensation. That deal was done quietly, without the knowledge of the victims' families.
Is the Boeing 737 MAX still safe to fly?
The US FAA issued an affirmation of the continued airworthiness of the 737 MAX. March 13, the U.S. FAA was among the last to order the grounding of the 737 MAX, after claiming there was no reason: China had the most aircraft in service, 96, followed by the U.S. with 72, Canada with 39 and India with 21.