Boeing warns of soaring 737 Max grounding costs

[nitpicker]

https://www.dw.com/en/boeing-warns-of-soaring-737-max-grounding-costs/a-49643183

Boeing warns of soaring 737 Max grounding costs

Date 19.07.2019

Boeing has said it faces a financial hit over the 737 Max crisis of some $6.6 billion (€5.7 billion), fueling profitability pressures.

The passenger jets have been grounded since March after two crashes that killed 346 people, in which software glitches appeared to have played a role.

The airplane manufacturer announced Thursday that its second-quarter earnings for the year would be reduced by $4.9 billion as it compensated airlines for disruptions and plane delivery delays. That figure omits any amounts Boeing may need to pay in the future to compensate families of the victims.

Meanwhile, profits would be hit by a further $1.7 billion because of the Max 737's reduced production rate.
(snip)

[rampartc]

1. no one forced boing to sell the crash prone aircraft

and they should not be bailed out under any conditions.