Boeing To See $5.6 Billion Hit On 737 Max Groundings

MarketWatch.com - Top Stories, MarketWatch
Thu, 07/18/2019 - 2:02pm

Boeing Co. said late Thursday it will record an after-tax charge of $4.9 billion, or $8.74 a share, in the second quarter in connection with the 737 Max groundings. That will result in a $5.6 billion dent in revenue and pre-tax earnings in the quarter, the company says.

Topics: boeing co max billion quarter

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Boeing To See $5.6 Billion Hit On 737 Max Groundings

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