Boeing’s announcement on Sunday that it had agreed to plead guilty to a federal criminal charge as part of a deal with the Justice Department was the culmination of a yearslong crisis involving the company’s 737 Max plane.
The agreement may help Boeing put to rest a federal case stemming from two fatal crashes of the 737 Max in 2018 and 2019. But the deal is not the final word on that saga and may have little impact on other problems, including questions about the company’s production quality that were brought to light when a panel blew out of a Max jet during a January flight.
Here’s what else to know about Boeing’s deal with federal prosecutors and other challenges the company is dealing with.
What is expected to happen next?
Boeing and the Justice Department first reached an agreement in 2021 about the two crashes that allowed the company to avoid criminal charges. But federal prosecutors this year said that the company had violated the terms of that agreement and came up with a new one, which was agreed to in principle on Sunday.
Under the latest agreement, Boeing would plead guilty to conspiring to defraud the federal government. The company would also agree to an independent monitor, three years of probation and additional financial penalties. That includes a $487.2 million fine, half of which could be forgiven because of Boeing’s earlier fine payments.
