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The U.S. Department of Justice has reached a preliminary settlement with
Boeing in a fraud case stemming from two deadly crashes involving 737 MAX
aircraft that killed 346 people. The agreement, which is subject to court
approval, will allow Boeing to avoid criminal prosecution.
 
Without the deal, the trial would begin on June 23. Boeing would then be on
trial for misleading U.S. regulators about a key flight control system on the
737 MAX. Two of the planes crashed in 2018 and 2019 in Indonesia and Ethiopia.
 
In total, Boeing will pay more than $1.1 billion, including fines and punitive
damages. $445 million will be spent on improving the company's compliance,
safety and quality programs. "We believe this resolution is the most equitable
and practical outcome," the department said.

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