24-04-2019 13:49 via kvoa.com

The Latest: Boeing estimates 737 Max costs of $1 billion

The Latest on Boeing Co.’s quarterly results. (all times local):
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10:20 a.m.
Boeing estimates that it will spend $1 billion to fix the 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two deadly crashes.
The estimate was disclosed Wednesday in a presentation for investors as Boeing released first quarter financial results, which missed Wall Street expectations. A spokesman said the estimate covered highe
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