As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit
Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.
Updated at 9:39 a.m. ET
Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing on Wednesday announced a 35% drop and a loss of $2.9 billion in the second quarter. Last week, the company announced due to costs tied to the grounding.
