Boeing takes $5bn hit over grounding of 737 Max
Boeing is taking a $4.9bn hit to cover costs related to the global grounding of its 737 Max aircraft. The charge is set to wipe out profits when the world's biggest planemaker posts quarterly results next week. In a statement, Boeing also said its "best estimate at this time" is that the aircraft …
Jacqueline Lichtenberg flipped this story into Follow The Money•1705d