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Boeing Takes $1 Billion Hit From 737 Max Woes

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Boeing said Wednesday that costs tied to the global grounding of its 737 Max plane jumped $1 billion in the first quarter.
«What the market (and the public for that matter) will need to see to gain confidence looking ahead is an earnest and open effort to address concerns,» Carter Copeland, an analyst with Melius Research wrote in a note ahead of the companys latest results.

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