Boeing will take $4.9 billion charge for 2nd quarter due to MAX

[jimntx]

https://www.cnn.com/2019/07/18/business/boeing-737-max-second-quarter-charge/index.html

And, that is associated costs and rebates/refunds to customers just for the 2nd quarter. Charge amounts to approx. $9/share.

 

[eolesen]

Keep in mind they usually post $22-25B per quarter... sure, it's a hit. But they aren't in imminent danger of bankruptcy anytime soon.

 

[jimntx]

Never said they would. Just passing on what Boeing was announcing. However, "usually" does not include the month of April in which Boeing did not sell one single aircraft of any type.