The plane maker said it was "working closely" with the US Federal Aviation Administration (FAA) and would direct clients on how to resolve the issue.
Russian-owned Rossiya Airlines says the unscheduled landing of a cargo flight from Hong Kong to Madrid went ahead without incident and that no one was injured.
The settlement includes a criminal monetary penalty of $243.6 million, compensation of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the legal beneficiaries of the passengers.
Chief Executive Dennis Muilenburg, who has repeatedly rejected suggestions of a design flaw in the 737 MAX, acknowledged implementation shortcomings.
Muilenburg said Boeing followed the same design and certification process it has always used and denied that the MAX was rushed to market. He said he would not resign, and left a press conference as reporters peppered him with questions.
The examinations come after investigators found clear similarities between the Ethiopian Airlines and Lion Air Max 8 crashes in March and October respectively.
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