Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX

April 24, 2019 by  
Filed under News

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far.

Source: Reuters Business News

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