Boeing to take $4.9B charge over grounded 737 Max

Boeing said it is booking a $4.9 billion charge to cover possible compensation to airlines that have cancelled thousands of flights since the 737 Max jet was grounded after two deadly accidents. The aeroplane builder also said the Max-related fallout will cut $5.6 billion from its revenue and pre-tax earnings in the April-through-June quarter. The […]
Source: http://www.ncairways.co/aviation/boeing-to-take-4-9b-charge-over-grounded-737-max/