737 Max Grounding Costs Are Still Rising For Boeing, Airlines

The transcript discusses the ongoing issues with Boeing's 737 Max aircraft following two fatal crashes. Boeing has faced significant financial losses, including a $3 billion quarterly loss and a $4.9 billion after-tax charge. The grounding of the 737 Max has also severely impacted airlines like American, United, and Southwest, leading to reduced profits and canceled flights. This has resulted in higher ticket prices for customers. Boeing aims to have the 737 Max back in the air by the end of the year, but the FAA has not set a timeline for its return.

What were the consequences faced by Boeing after the crashes involving the 737 Max?

How much was Boeing's largest reported quarterly loss in the second quarter of 2019?

What impact did the grounding of the 737 Max have on airlines like American, United, and Southwest?

What are the expected effects on ticket prices due to reduced airline capacity this holiday season?

What is Boeing's hope regarding the 737 Max's return to the air in the US?