The US Justice Department urged a judge in Texas to accept a proposed settlement agreement reached with Boeing Co. that would allow the planemaker to avoid a criminal charge in a longstanding case over two fatal crashes of its 737 Max jets.

The U.S. Department of Justice is urging a Texas judge to approve a proposed settlement with Boeing Co., which would allow the aerospace giant to avoid criminal prosecution related to two deadly crashes involving its 737 Max aircraft,

Boeing's rating has been revised by Fitch to much positive threshold. The global ratings agency now expects Boeing to reduce its gross debt below $50 billion in 2026.

The deal enables Boeing to avoid being branded a convicted felon and to escape oversight from an independent monitor for three years that was part of a plea deal struck in 2024 to a criminal fraud charge that it misled U.