Boeing on July 24 reported a net loss of $2.9 billion for the second quarter of 2019, compared with a profit of $2.2 billion in the same period last year. At $5.21 a share, the loss was smaller than the $6.
30 mean forecast by analysts, according to data from Refinitiv.The results included an after-tax charge of $4.9 billion to cover customer compensation for disruption caused by the grounding of Boeing’s 737 MAX aircraft, which the company disclosed on July 18.
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Boeing: 'Uncertainty' still surrounds the 737 Max's returnBoeing posted a second-quarter loss due to the grounding of the 737 Max after two fatal crashes but offered little detail on when the plane could return to the skies. Make In India is a good choice to boost and divert the technology by different hands , under the guidance of mother company by qualified team in India. Those things should be recycled. All of them. You can use the alphabets many times you can sudden truth
Source: CNBC - 🏆 12. / 72 Read more »
Boeing lost nearly $3 billion in the second quarter as its 737 Max crisis drags onThe embattled planemaker previously announced $5 billion charge related to the prolonged grounding of its 737 MAX jet, sending shares sharply lower. Boeing didn't handle the fallout of the crisis professional. They believed being top dog gives them leverage.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Boeing Takes $2.94 Billion Loss In Second Quarter On 737 MAX WoesIt's only the second quarterly loss in the last 10 years for a company that has turned itself into a Wall Street darling as a reliable engine of steadily rising profit and dividends. Still doesn't commensurate lives lost due to their negligence Why this happening homeopathy2010 Maybe it should reconsider its practice of killing strangers for money then?
Source: Forbes - 🏆 394. / 53 Read more »
Boeing Might Halt 737 MAX Production if Grounding Drags OnBoeing said it might slow or halt production of its 737 MAX jetliner if regulators don’t approve its return to service by the end of this year. The warning came as the company reported its biggest-ever quarterly loss. I'm surprised that hasn't happened already, with how little faith everyone has in Boeing. come on china buy out our jets 1triillion dolars in jets and aeroplanes Yet hundreds of lives faded...
Source: WSJ - 🏆 98. / 63 Read more »
New head of the FAA inherits an agency in turmoil after Boeing 737 Max crashesThe Senate confirmed Trump's pick to head the FAA, former Delta Air Lines executive Stephen Dickson.
Source: CNBC - 🏆 12. / 72 Read more »