The US aerospace giant Boeing' costs are likely to rise substantially, analysts say, as airlines continue to push back MAX 737’s from their schedules. The company's best-selling planes have been grounded now for the 11th month. The worldwide grounding had airlines lose more than $1 billion in revenue and Boeing more than $7 billion. The company, which took a $5.6 billion pretax charge in July to compensate airlines and other customers for the grounding, is to report full-year and fourth-quarter earnings on January 29. Some Wall Street analysts expect it to take additional charges related to the troubled airplane.
Hence then, the article about 737 max crisis could cost boeing 20 billion wall street analyst says was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( 737 MAX crisis could cost Boeing $20 billion, Wall Street analyst says )