Boeing Co. will plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner.
A Boeing 737 Max jet prepares to land at Boeing Field following a test flight in Seattle, Sept. 30, 2020. Boeing Co. will plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner, an agreement that disgraces the storied US planemaker as a felon but avoids a bruising courtroom confrontation as it tries to rebound from multiple crises.
The guilty plea marks a low point in the company’s century-long history after years of turmoil sparked by two crashes of its 737 Max aircraft in 2018 and 2019 that killed 346 people. The agreement also has the potential to complicate Boeing’s interaction with the government as a major defense contractor and builder of the presidential aircraft, though the company is likely to seek a waiver or turnaround that allows it to keep doing business in those areas.
The DOJ later concluded Boeing failed to meet a requirement of that deal to implement an effective compliance program to prevent and detect violations of US fraud laws. In a brief statement, Boeing confirmed it had reached an agreement in principle on terms of a resolution with the Justice Department, subject to approval of specific terms. The planemaker in June had told prosecutors that it disagreed with the finding that it had violated the earlier deal.
“We are extremely disappointed that DOJ is moving forward with this wholly inadequate plea deal despite the families’ strong opposition to its terms,” Erin Applebaum, a partner at Kreindler & Kreindler LLP who represents families of the crash victims, said in an emailed statement.
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