Instead, Boeing will have to pay or invest $1.1 billion, which will go to a criminal fine, crash victims fund as well as compliance and safety programs.

Boeing has reached an agreement in principle with the Department of Justice to avoid prosecution in the case over two deadly 737 Max crashes, also allowing Boeing to avoid going to trial next month, a...

Boeing will avoid an upcoming fraud trial that could have resulted in the US aviation giant and defence contractor being labelled a felon.