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Boeing posts first annual loss in two decades as 737 MAX costs soar to $28b

The plane manufacturer swung to its first annual loss since 1997 as costs stemming from the twin 737 Max tragedies doubled.
Brisbane Times - Published Also reported by •Sydney Morning HeraldThe AgeReutersCBS NewsSeattlePI.com

Boeing swings to annual loss as 737 MAX costs near $19 billion

Boeing Co on Wednesday swung to its first annual loss since 1997 on mounting 737 MAX costs and indicated it would again cut production of its bigger 787 Dreamliner aircraft, currently its main source..
Reuters - Published Also reported by •Reuters India

Videos for "Max Costs"


737 Max Costs Double, Boeing Posts First Loss In 2 Decades [Video]737 Max Costs Double, Boeing Posts First Loss In 2 Decades

Boeing is posting its first annual loss in more than two decades and said the costs related to the grounding of its best-selling plane have doubled to more than $18 billion. Ken Molestina reports.

Credit: CBS 2 Chicago     Duration: 00:25Published

Travel demand cushions 737 MAX toll [Video]Travel demand cushions 737 MAX toll

Healthy travel demand helped cushion quarterly results at American Airlines and Southwest even though the Boeing 737 MAX grounding weighed on costs and profits. Fred Katayama reports.

Credit: Rumble     Duration: 01:05Published

 

Boeing reports $1B in losses as 737 Max costs rise


Chicago S-T - Published Also reported by •NYTimes.com

Boeing posts surprise loss, 737 MAX costs climb to $19 billion

Boeing Co expects nearly $19 billion in costs related to the grounding of its 737 MAX jets, the U.S. planemaker said on Wednesday while posting a surprise loss and indicating it would cut production of..
Reuters - Published Also reported by •Newsmax

Boeing Expects 737 Max Costs Will Surpass $18 Billion

The grounding of the 737 Max jet continues to drag on the company’s results.
NYTimes.com - Published

Southwest sees 737 MAX costs continuing to lash profits this year

Southwest Airlines Co said on Thursday that the Boeing 737 MAX grounding will continue weighing on its profits in the first quarter and warned that it will likely extend flight cancellations beyond..
Reuters - Published

Southwest quarterly profit falls on mounting 737 MAX costs

Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to..
Reuters - Published

Boeing may tap the bond market for the first time since July as 737 Max costs swell (BA)

boeing may tap the bond market for the first time since july as 737 max costs swell (ba)
** · *Boeing is considering raising more debt for the first time since July to help offset the mounting costs of the 737 Max disaster, The Wall Street Journal reported Monday.* · *Shares of..
Business Insider - Published

Indian Carrier SpiceJet Posts Huge Loss in Q2, Blames Boeing 737 MAX for Adding to Costs


RIA Nov. - Published

American Airlines trims outlook as 737 MAX costs rise

American Airlines Group Inc trimmed its 2019 outlook on Thursday after raising the estimated costs related to the Boeing 737 MAX grounding to $540 million for the year, even after a quarterly profit..
Reuters - Published

737 Max Grounding Costs Are Still Rising For Boeing, Airlines

737 max grounding costs are still rising for boeing, airlines
Watch VideoBoeing's 737 Max aircraft have been grounded around the world for months now, ever since two crashes involving the aircraft left hundreds of people dead. And the financial consequences..
Newsy - Published

A new leak may have revealed the Pixel 4's pricing, and it looks like Google's new flagship phone won't be cheap (GOOGL, GOOG)

a new leak may have revealed the pixel 4's pricing, and it looks like google's new flagship phone won't be cheap (googl, goog)
· *New information posted by reliable leaker Evan Blass may have revealed the pricing of Google's latest smartphone, the Pixel 4.* · *Blass posted Canadian launch prices for four different Pixel 4..
Business Insider - Published

Congressional panel wants to interview whisteblower who says Boeing blocked key safety upgrades for 737 MAX over costs

U.S. House Transportation and Infrastructure Committee Chair Peter DeFazio, in a statement Wednesday, cited a Seattle Times report that first detailed engineer Curtis Ewbank's allegations.
Seattle Times - Published

You can now pre-order the iPhone 11 and iPhone 11 Pro

Today is the day: Apple's new iPhone 11, as well as the iPhone 11 Pro and the iPhone 11 Pro Max, are now available for pre-order at Apple's online store.  Shipping, as well as in-store..
Mashable - Published

The most expensive iPhone Apple sells costs $1,450 — about the same as a 13-inch MacBook Pro (AAPL)

the most expensive iphone apple sells costs $1,450 — about the same as a 13-inch macbook pro (aapl)
· The most expensive iPhone that Apple sells is the iPhone 11 Pro Max with 512 GB of storage, and it costs $1,450. · That's $50 shy of the mid-range $1,500 MacBook Pro with a Core i5, 8 GB of RAM,..
Business Insider - Published

The maxed-out iPhone 11 Pro Max costs $1,449, and is even pricier in Europe

Last year, Apple shocked the world by launching its most expensive phones ever, with some models' cost extending far beyond the $1,000 mark.  So what's the tally this year? The overall pricing for..
Mashable - Published

GE swings up, down as earnings beat, raised outlook offset by MAX costs


SeekingAlpha - Published

Boeing burns $1 billion in cash in 2nd quarter as 737 MAX grounding costs mount

Boeing burned $1.01 billion in cash during the second quarter, a sign of the strain from a protracted grounding of the 737 MAX jetliner following two fatal crashes. Investors are studying the..
Seattle Times - Published

Boeing sees billions more in MAX costs as grounding drags on

NEW YORK: Boeing announced Thursday some US$6.6 billion in additional costs because of the 737 MAX crisis, further pressuring profitability as the global grounding of the plane following two deadly..
Bangkok Post - Published

'How much is the iPhone X?': A cost breakdown of the entire iPhone X family

'how much is the iphone x?': a cost breakdown of the entire iphone x family
** · *When figuring out how much the iPhone X costs, you first have to figure out which of the four different models in the iPhone X family you want, and at what storage capacity.* · *Apple no..
Business Insider - Published

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