Boeing to Recognize Charge and Increased Costs in Second Quarter Due to 737 MAX Grounding
CHICAGO, July 18, 2019 /PRNewswire/ -- Boeing (NYSE:BA) announced today it will recognize an impact to earnings when i.....»»
Southwest Air warns that grounded Max is stalling growth
Southwest Airlines Co. warned that a closely watched gauge of costs would climb again this quarter as the extended grounding of the Boeing Co. 737 Max stymies growth at least through the first half of 2020......»»
Southwest Posts 4th-Quarter Earnings Miss as Boeing Issues Continue
Grounding of 737 Max has increased the airline’s costsCheck out Warren Buffett Stock Picks » Download GuruFolio Report of Warren Buffett (Updated on 01/22/2020)Related Stocks: LUV, BA, UNP, UPS, CSX, NSC, FDX, DAL,.....»»
Boeing likely to take "substantial charge" on 737 Max: analyst
Boeing Co. is likely to take a "substantial charge" in the fourth quarter to account for the mounting costs of its 737 Max debacle, ana.....»»
American Airlines Beats Q3 Earnings Estimates Despite Operational, Cargo Difficulties
Cargo business fell during a challenging third quarter for American Airlines (NASDAQ: AAL), which faced operational disruptions and higher costs from labor issues and the grounding of the Boeing 737 MAX. read more.....»»
American Airlines profit beats estimates on lower fuel costs
American Airlines Group Inc beat Wall Street estimates for third quarter profit on Thursday as lower fuel costs boosted margins, but it raised its 2019 cost estimates related to the Boeing 737 MAX grounding to $540 million......»»
Boeing burns $1 billion in cash as Max grounding costs mount
Boeing burned $1.01 billion in cash during the second quarter, a sign of the strain from a protracted grounding of the 737 Max jetliner following two fatal crashes......»»
Boeing burns $1 billion in cash as Max grounding costs mount
Boeing burned $1.01 billion in cash during the second quarter, a sign of the strain from a protracted grounding of the 737 Max jetliner following two fatal crashes......»»
Boeing posts nearly $3 billion quarterly loss
Boeing Co reported a nearly $3 billion loss for the second quarter on Wednesday, as it factored in a previously announced $5 billion charge related to the prolonged grounding of its best-selling 737 MAX jet, sending its shares sharply lower......»»
How Bad Is Boeing’s $4.9 Billion Charge?
After markets closed Thursday, Boeing announced that it would take an after-tax charge of $4.9 billion in the second quarter related to the grounding of its best-selling 737 Max jets......»»
Boeing to take $4.9 bln charge over 737 MAX grounding
Boeing says it's taking a $4.9 bln charge to cover compensation to airlines and other costs arising from the grounding of its 737 MAX jets. Julian Satterthwaite reports......»»
Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes
Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes......»»
Boeing to take $4.9 billion hit on 737 Max grounding
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded......»»
Boeing to take $4.9 billion hit on 737 Max grounding
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded......»»
Boeing takes $4.9 billion charge related to 737 MAX
Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions from the grounding of its money-spinning 737 MAX after two deadly crashes......»»
Boeing to see charge, increased costs in Q2 due to 737 MAX
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
United tops profit estimates as MAX woes prompt higher fares in robust travel market
United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity......»»
United Airlines quarterly profit beats on strong travel demand, higher fares
United Airlines Holdings Inc on Tuesday reported a greater-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats given supply constraints from the Boeing Co 737 MAX grounding......»»
Boeing suspends forecasts amid 737 MAX troubles
Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months......»»
Boeing abandons financial outlook, stops buybacks after 737 MAX groundings
Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months......»»
Boeing to book $124 million after-tax charge in Q2 after court rules against it in Wichita sale case
The Boeing Co. said Friday it will recognize a $124 million after-tax charge in the second quarter, after a court ruled against it in a case involving the 2005 sale of its production facilities in Wichita, Kansas. The aero.....»»