Boeing reached a $2.5 billion settlement with the Justice Department on Thursday to settle criminal charges that the company defrauded the Federal Aviation Administration when it first won approval for the flawed 737 Max jet. The plane was grounded by the FAA in March 2019 following two fatal crashes that killed 346 people.

Under the terms of the DPA, Boeing will pay a total criminal monetary amount of over $2.5 billion, composed of a criminal monetary penalty of $243.6 million, compensation payments to Boeing’s 737 MAX airline customers of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the heirs, relatives, and legal beneficiaries of the 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.