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Boeing abandons 2019 outlook after 737 MAX aircraft groundings

WorldNews Wednesday, 24 April 2019
Boeing abandons 2019 outlook after 737 MAX aircraft groundingsAuthor: Reuters ID: 1556106236621745900 Wed, 2019-04-24 11:39 Boeing missed sharply-lowered Wall Street estimates for revenue and cashflow in the first quarter and suspended its 2019 outlook, as the world’s largest planemaker continued to suffer from the...
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News video: Boeing Abandons Outlook, Takes $1 Billion Cost Hit In MAX Crisis

Boeing Abandons Outlook, Takes $1 Billion Cost Hit In MAX Crisis 00:39

According to Reuters, Boeing on Wednesday abandoned its 2019 financial outlook and lowered production due to the grounding of its 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far. The world’s largest planemaker is facing one of the biggest crises in...

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