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Thursday, 25 April 2019

Boeing Takes $1Bln Hit Amid Grounding of 737 MAX Planes – CFO

WASHINGTON (Sputnik) - US aircraft manufacturer Boeing said it has taken on $1 billion in additional costs due to the grounding of its global 737 MAX fleet following two deadly crashes and the subsequent reduction in the plane’s production rate, CFO Gregory Smith said during the company’s first-quarter earnings call on Wednesday.

from Sputnik International - Breaking News & Analysis - Radio, Photos, Videos, Infographics http://bit.ly/2UCkOxG
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