Boeing posts first annual loss in two decades as 737 MAX costs near $19 billion

January 29, 2020 by  
Filed under News

Boeing Co on Wednesday swung to its first annual loss since 1997 as 737 MAX costs doubled to nearly $19 billion, and the plane manufacturer indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source of cash.

Source: Reuters Business News

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