Boeing will pay out $100 million to help support the families and communities of the 346 people who died in two crashes in the past year
The company said the money will be given to local nonprofits and community groups who will help distribute the funds. They'll be used to support education, including college tuition or other schooling expenses for children of victims, and"hardship or living expenses for impacted families," Boeing said in statement.
"We at Boeing are sorry for the tragic loss of lives in both of these accidents and these lives lost will continue to weigh heavily on our hearts and on our minds for years to come. The families and loved ones of those on board have our deepest sympathies, and we hope this initial outreach can help bring them comfort," said Dennis Muilenburg, Boeing's chairman, president and CEO.
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