May 23 (UPI) -- Boeing has avoided prosecution over two crashes of 737 Max planes that killed 346 people, but must pay $1.1 billion in a settlement reached with the U.S. Justice Department.
The aerospace company won't face a trial as scheduled next month, ABC News reported.
Last week, DOJ officials met with crash victims' family members, many of whom want the company to go to trial, about the agreement, according to CNBC.
The company, as part of the agreement, must pay $444.5 million for a new fund for crash victims. The eight-page agreement filed Friday was obtained by Flying magazine.
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