Boeing Reaches Settlements in 737 MAX Crash

Boeing has reached tentative settlements with Manant Vaidya, a Canadian who lost six relatives in the 2019 Ethiopian Air 737 MAX crash. The settlements involve three of Vaidya's deceased family members, while Boeing has settled past lawsuits for other victims, incurring over $20 billion in costs.

Boeing has announced tentative settlements with a Canadian man who lost six family members in the 2019 Ethiopian Air 737 MAX disaster. Manant Vaidya, whose relatives were among the 346 victims of the crash, confirms the resolution of cases concerning three of his deceased family members.

The tragic event was part of a series of catastrophic failures involving the 737 MAX, which was grounded worldwide for 20 months. The automated flight control system was partly responsible for the crash, along with an earlier Lion Air incident.

Boeing's settlement with Vaidya is part of a broader effort to address the legal aftermath, having already resolved 90% of related lawsuits through various means, including a deferred prosecution agreement, since the 737 MAX tragedies cost the company over $20 billion.

(With inputs from agencies.)