A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors.

The Texas judge's decision stems from an agreement between the Department of Justice and the aircraft manufacturer to resolve the matter, announced on May 23, following the crashes which resulted in 346 fatalities.

Under the deal, Boeing will pay $1.1 billion in return for the dismissal of a criminal charge over its conduct in the certification of the MAX, according to a federal filing.

The accord scuttles a criminal trial that had been scheduled for June in Fort Worth, Texas.

The agreement resolves the case without requiring Boeing to plead guilty to fraud in the certification of the MAX, which was involved in two cra

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