The embattled planemaker previously announced $5 billion charge related to the prolonged grounding of its 737 MAX jet, sending shares sharply lower.
related to the prolonged grounding of its best-selling 737 MAX jet, sending its shares sharply lower.
"This is a defining moment for Boeing and we remain focused on our enduring values of safety, quality, and integrity in all that we do, as we work to safely return the 737 MAX to service," Dennis Muilenburg, Boeing's CEO, said in a press release."During these challenging times, teams across our enterprise continue to perform at a high level while delivering on commitments and capturing new opportunities driven by strong, long-term fundamentals.
Boeing said its first flight of the 777X is now delayed until early 2020 due to the engine problems announced last month, while its current plan for a first delivery to customers in late 2020 faced significant risk. The grounding of the 737 MAX has sent shockwaves through the industry and also pushed back the launch of a new Boeingaircraft, a twin-aisle jet for the middle of the market. That jetliner, known as NMA, is not just a crucial piece in Boeing's fight with archrival Airbus
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