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July 18, 2019 09:26 pm GMT

Boeing set to take $4.9 billion Q2 charge on 737 Max grounding

Boeing’s 737 Max fiasco has cast a dark shadow over the company’s reputation and is impacting the company’s financials in a major way, as well. The Seattle aviation company announced that it will be taking a hefty $4.9 billion post-tax hit in its second quarter due to the continued grounding of the 737 Max fleet. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KVfj-bEPmh4/

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