Boeing to take a $4.9 billion charge over grounded jet

DALLAS (AP) — Boeing says it will take a $4.9 billion charge to cover possible compensation to airlines whose Max jets remain grounded after two deadly accidents.
Boeing said Thursday that the after-tax charge will cause a $5.6 billion reduction in revenue and pre-tax earnings for the April-through-June quarter. Boeing is scheduled to report financial results next week.
Airlines around the world have canceled thousands of flights since March, when regulators grounded the Boeing 737 Max and