Boeing set to take $4.9 billion Q2 charge on 737 Max grounding

2:26pm PDT - July 18th, 2019    the lion king - TechCrunch

Boeing’s 737 Max fiasco has cast a dark shadow over the company’s reputation and is impacting the company’s financials in a major way as well. The Seattle aviation company announced that it will be taking a hefty $4.9 billion post-tax hit in its second quarte…