Boeing Sees Initial Costs of 737 Max Grounding | Aviation International News

Boeing Sees Initial Costs of 737 Max Grounding

First-quarter earnings show the impact of the Max grounding on Boeing but company plans to issue new 2019 guidance when impact is clearer.

With a group of international regulators reviewing 737 Max accidents and airworthiness, the type is unlikely to be flying again until at least August.

By Ian Sheppard

April 24, 2019

Boeing says it cannot yet put an estimate on the cost of the 737 Max grounding or the cost of recertification but in its outlook statement, contained in the Q1 earnings report issued April 24, the company stated, “The previously issued 2019 financial guidance does not reflect 737 Max impacts.” However, it added, “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.”

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