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Boeing to pay Sh273.8b to settle US criminal probe into 737 MAX crashes

Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu. [Reuters]

Boeing Co will pay more than Sh273.8 billion ($2.5 billion) in fines and compensation after reaching a settlement with the US Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its 737 MAX jetliner.  

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