Boeing settles first 737 Max lawsuits with families of Indonesia crash victims

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Boeing settles first 737 Max lawsuits with families of Indonesia crash victims
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Boeing has settled the first claims from last year’s Lion Air crash. The victims’ families will each receive at least $1.2 million, according to a Reuters report.

The Wisner law firm in Geneva, Illinois sid 11 cases against Boeing have been settled for an undisclosed amount.

The settlements are the first to be announced among more than 50 lawsuits that were filed against Boeing relating to the Lion Air crash on October 29, 2018. Boeing is also facing dozens of lawsuits related to an Ethiopian Airlines 737 Max crash in March 2019 that killed 157 people. "What we are trying to do with these families and the lawyers representing these families in all of these foreign countries is explain to them there really are no hidden agendas here," Feinberg told CNBC. "We are trying to get the money out. Boeing is pushing to get this money out separate from the litigation."

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