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.
