Boeing reports its first loss in two decades

Boeing reports its first loss in two decades

Image copyright Getty Images

Boeing has reported its first annual loss in more than two decades as the 737 Max crisis continues to hit the firm.

The planemaker was forced to ground the aircraft, which had been its best seller, in March last year after two deadly crashes that killed 346 people.

Now it has said that it expects the bill for the grounding to surpass $18bn (£13.8bn).

That has hurt…

View On WordPress