Boeing’s earnings fell 21% in the first three months of the year because of the crisis that grounded its bestselling 737 Max jet.
“Due to the uncertainty of the timing and conditions surrounding return to service of the 737 Max fleet, new guidance will be issued at a future date,” it said.
Boeing didn’t break out the complete cost of its results from the 737 Max crisis, but in a presentation to investors it said it had booked a charge related to fixing the plane’s problems. The company said the cost to make the 737 Max was at least $1 billion higher in the quarter because of its work on solving the issue.
