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.

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