Boeing Co said on Wednesday it will dedicate half of a $100 million fund it crea...
WASHINGTON - Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution.
The 737 MAX, Boeing’s best-selling jet, was grounded globally in March following the Ethiopian Airlines crash after a similar Lion Air disaster in Indonesia in October. The two crashes killed 346 people. Njoroge, who was born in Kenya and lives in Canada, said Boeing has blamed “innocent pilots who had no knowledge and were given no information of the new and flawed MCAS system that could overpower pilots.”
Boeing said on July 3 it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the crashes in Indonesia and Ethiopia.
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