TL;DR CNBC

Boeing to pay more than $2.5 billion to settle criminal conspiracy charge over 737 Max

Publishing timestamp: 2021-01-07 21:09:15

Summary

Boeing agrees to pay $2.5 billion fine to settle criminal conspiracy charge related to the 737 Max crashes that killed 346 people. The settlement with the Justice Department closes a two-year probe, but critics say it lacks real accountability for the company.

Sentiment: NEGATIVE

Tickers: LUV,  BA,  UAL,  AAL, 

Keywords: airlines,  boeing co,  breaking news: business,  politics,  american airlines group inc,  united airlines holdings inc,  breaking news: economy,  aerospace and defense industry,  markets,  southwest airlines co,  business news,  business, 

Source: https://www.cnbc.com/2021/01/07/doj-fines-boeing-over-2point5-billion-charges-it-with-fraud-conspiracy-over-737-max-crashes.html