The proposed agreement also includes a $US487.2 million ($A730.2 million) financial penalty, only half of which Boeing would be required to pay, they added. That is because prosecutors are giving the company credit for a payment it made as part of the previous settlement related to the fatal crashes of the Lion Air and Ethiopian Airlines flights. The penalty is the maximum legally allowed for the charge.

Source: Ethiopian News July 01, 2024 04:34 UTC