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Boeing Announces Settlement Fund

Credit: Wochit
Published on July 3, 2019 - Duration: 00:33s

Boeing Announces Settlement Fund

Boeing announced a $100 million fund for families of 737 Max crash victims. Boeing said the funds will those affected by the crashes of two of its Max jetliners.

However, Business Insider reports a lawyer for 23 victims' families says that the announcement is going over poorly.

Boeing faces numerous lawsuits and investigations in the aftermath of the two crashes of the new model aircraft.

One crash occurred in Indonesia in October, 2018, and one in Ethiopia in March of this year.

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