Boeing settles lawsuits with two 737 MAX crash victims’ families

(Reuters) – U.S. planemaker Boeing settled lawsuits with the families of two victims killed in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of trial, lawyers for the families said.

The trial in U.S. District Court in Chicago was set to be the first against the planemaker stemming from two fatal 737 MAX crashes in 2018 and 2019 that led to the bestselling plane’s 20-month grounding and cost Boeing more than $20 billion.

(Reporting by David Shepardson)