Boeing said it will provide an “initial investment” of USD$100 million over several years to help families and communities affected by two crashes of its 737 Max plane that killed 346 people.
Boeing faces dozens of lawsuits over the accidents. Relatives of passengers on a Lion Air Max that crashed off the coast of Indonesia agreed to try to settle through mediation, but families of passengers killed in an Ethiopian Airlines crash are waiting until more is known about the accidents. Preliminary investigations point to the role played by new software that pushed the planes’ noses down. Boeing is updating the software to make it easier for pilots to control, but the company doesn’t expect to submit its work for final regulatory approval until September.