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Boeing 737 Crashes: US Reportedly Opens $500 Million Victim Compensation Fund

June 24th, 2021
Categories: News

Link: https://sputniknews.com/us/202106221083213728-boeing-737-crashes-us-reportedly-opens-500-million-victim-compensation-fund/

Assistant Attorney General of the DoJ's Criminal Division:, the twin 737 MAX crashes "exposed fraudulent and deceptive conduct by employees of one of the world’s leading commercial airplane manufacturers." crashes have ultimately been linked to the 737 MAX's Maneuvering Characteristics Augmentation System, or MCAS, which serves as a flight control system. US Senate Committee on Commerce, Science, and Transportation alleged that employees of both Boeing and the FAA worked together to manipulate recertification tests of the Boeing 737 MAX after the fatal crashes..The $500 million fund comes as part of a resolution between Boeing and the DoJ. As part of the deal, Boeing agreed to pay a criminal monetary amount that, in total, exceeded $2.5 billion..

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