This is the best summary I could come up with:
Boeing will plead guilty to a criminal fraud charge stemming from two crashes of 737 Max jetliners that killed 346 people, including several Canadians, after the U.S. government determined the company violated an agreement that had protected it from prosecution.
The plea deal, which was revealed by the U.S. Justice Department on Sunday night and still must receive the approval of a federal judge to take effect, calls for Boeing to pay an additional $243.6 million US fine.
Federal prosecutors alleged Boeing committed conspiracy to defraud the government by misleading regulators about a flight-control system that was implicated in the crashes, which took place in Indonesia in October 2018 and in Ethiopia less than five months later.
The department agreed not to prosecute Boeing at the time, however, if the company paid a $2.5 billion US settlement, including the $243.6 million fine, and took steps to comply with anti-fraud laws for three years.
New plane orders picked up again in 2023 for the company, but that trend changed after January, when a panel covering an unused emergency exit blew off a Max during an Alaska Airlines flight over Oregon.
At a recent Senate hearing, Boeing CEO David Calhoun defended the company's safety record and apologized to Max crash victims' relatives seated in the rows behind him.
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