Europe's largest tour company said Friday that its 2019 earnings would be reduced by €200 million , assuming flights of the best-selling aircraft resume by mid-July.Shares in TUI plummeted 8% in Frankfurt following the announcement. The company operates 15 of the grounded Boeing aircraft, which make up 10% of its total fleet, and it was expecting another eight of the jets to be delivered by the end of May.
Read MoreThe profit warning is the latest example of the mounting financial cost to Boeing's customers of the decision to ground all 737 Max planes following two deadly crashes in five months.Southwest Airlines warned earlier this week that the 737 Max groundings are hurting its ticket sales. The carrier said the number of seats it can sell this quarter will be much lower than previously expected because it isn't flying as many planes.
boeing shortsighted business decision to fast track production and delay to recall will cost them dearly look and learn
BOEING AN THE FAA SHOULD BE BROUGHT UP FOR MURDER CHARGES.!!
Can’t put a price on safety.
I wonder if Boeing will be able to pay all coming lawsuits, and still stay in business?
There are many problems with this world, one is greed. Whatever happened to the Boeing that always produced safe and reliable planes? I know that competition is tuff sometimes, but rushing a product that can potentially kill people, that is ridiculous.
who cares what it cost these huge companies.....be safe first dont risk lives
Boeing needs to stop reinventing the wheel. Instead of creating a brand new plane just improve the best plane.
Turns out cnn is the russian troll. Hahahahahahaha
Worth it
Could have cost them their lives