Boeing has lost $1 billion this year over the ongoing crisis with its 737 Max aircraft.
Boeing has reported no new orders for the aircraft and has cut production since it was grounded, but has vowed to make the plane"one of the safest airplanes ever to fly" when it is certified to fly again.Boeing's ongoing crisis with its 737 Max planes has already cost it $1 billion this year — and the company said it can't predict how much worse the financial impacts of the scandal could be.
Boeing said that its core profits fell 21% in the first three months of 2019 compared with the same period in 2018, and said that it was withdrawing its 2019 financial forecast because of increased uncertainty about the plane.
SAI Yea and also people died
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »