Boeing said on Wednesday that it would allocate $100 million to help the families and communities affected by the recent crashes of two of its 737 Max jets.
The move was among the most overt acknowledgments of Boeing’s responsibility in the crashes, which were caused in part by a malfunctioning anti-stall system on the new jets. It will also add to Boeing’s mounting costs, as the company faces lawsuits from victims’ families, investigations by federal authorities and calls for compensation from airlines.
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