W3Schools

Earnings Outlook: Boeing earnings: Expect more on 737 Max fallout

Getty Images
Boeing 737 Max airplanes stored on employee parking lots near Boeing Field in Seattle in June.

Boeing Co. is expected to report second-quarter earnings before the bell Wednesday as the aircraft maker’s stock continues to show resilience against the 737 Max fallout.

Boeing BA, +4.50% late Thursday said it would see a $5.6 billion hit over the grounding of the 737 Max aircraft.

The planes were grounded world-wide in March following two fatal crashes, less than five months apart, that were linked to a faulty antistall feature.

Read more: Boeing stock rallies after aircraft maker puts a price tag on 737 Max debacle

>>> Original Source <<<

Comentários