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Boeing pledges $100m for needs of families of 737 Max victims

Boeing has pledged to commit $100m to help address the needs of families and communities affected by the two deadly crashes of its 737 Max aircraft in which 346 people died.

The US aerospace group said the investment, to be made over several years, will support education, hardship and living expenses for families affected by the two tragedies. It will also be put towards economic development initiatives in affected communities. Boeing will work with local governments and non-profit organisations as part of the plan.

“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, chief executive of Boeing, in a statement.

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