Jul 18, 2019 SOURCE: AFP
Boeing says Q2 earnings hit by $4.9 bn in costs on 737 MAX
Boeing announced Thursday that second-quarter earnings would be dented by $4.9 billion in one-time costs to compensate airlines for disruptions due to the grounding of the 737 MAX aircraft.
Profits will also be weighed down by another $1.7 billion in costs due to the 737 MAX's lower production rate, the...
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