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21 July 2019

Boeing takes US$4.9bn 737 Max hit in second quarter

Boeing takes US$4.9bn 737 Max hit in second quarter: Boeing has said it will record an after-tax charge of $4.9 billion, or $8.74 per share, in connection with the grounding of the 737 Max. The plane is currently out of operation following two crashes, in Indonesia and Ethiopia.

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