Boeing to Take $4.9 Billion Charge on 737 Max Grounding

The transcript discusses the financial impact of the 737 Max grounding on Boeing and its customers, highlighting the uncertainty of future quarters and legal challenges. It covers the expected return of the 737 Max, the role of the FAA, and the decisions individual airlines must make. The resumption of deliveries is crucial for Boeing's financial recovery. Despite some order changes, major airlines have not significantly cut business with Boeing.

What is the primary financial concern for Boeing due to the 737 Max grounding?

• Loss of market share

• Customer compensation and legal liabilities

• Increased production costs

• Employee layoffs

What is the current status of the FAA's timetable for the 737 Max's return?

• It will be decided by the end of the year

• It is based on safety considerations with no fixed date

• It has been set for the next quarter

• It is dependent on international regulations

When does Boeing expect the 737 Max to return to service?

• In the first quarter of next year

• In the fourth quarter of this year

• In the second quarter of next year

• In the third quarter of this year

What is the main factor that will determine when airlines resume flying the 737 Max?

• Airline financial health

• Regulatory approval and individual airline decisions

• Weather conditions

• Availability of pilots

Have any major airlines canceled their orders for the 737 Max?

• Yes, but only a few minor airlines

• No, most orders remain unchanged

• No, but many are considering it

• Yes, several major airlines have canceled