Boeing to pay $2.5 bn fine over 737 MAX: DOJ

New York (AFP) – US prosecutors hit Boeing with a $2.5 billion fine to settle charges the company defrauded regulators over the 737 MAX, the Justice Department announced Thursday. Boeing reached a deferred prosecution agreement related to the company’s pronouncements to regulators about the issues with the MAX, which was grounded for 20 months after two deadly crashes and only recently was cleared to return to the skies. Prosecutors described Boeing’s failings in withering terms, accusing the company of putting “profit over candor” and of engaging in a “half-truths” and a “cover up.” The DOJ c…

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