Boeing, an American aerospace company, has agreed to plead guilty to criminal fraud conspiracy charges stemming from two fatal crashes involving its 737 Max planes that killed 346 passengers and crew members in 2018 and 2019.
The decision by the company came after the US Department of Justice (DoJ) ruled that the company violated a deal meant to reform amidst safety concerns.
The plane maker had also agreed to pay a criminal fine of $243.6m (£190m), the DoJ said on Monday. According to a BBC report, the settlement must now be approved by a US judge.
