Boeing said on Wednesday that it had cost the first 737 MAX ground-based aircraft since mid-March, the MC7 anti-stall software was blamed for two close-up tragedies that left 346 people dead. .
This amount covers an anticipated increase in production costs for the 737 MAX, including modifications currently being made by Boeing to avoid malfunctions of the MCAS, as well as additional pilot training required by regulators to lift the ban on theft of aircraft. .
It does not take into account the possible compensation of the airlines, which had to cancel flights programmed on 737 MAX, nor the possible damages that Boeing could be brought to pay to the families of the victims. This amount was revealed in a document posted on its website as part of the publication of the first quarter results. Analysts believe that the final bill should amount to several billion dollars.
Boeing has suspended its financial targets for 2019
Boeing is currently experiencing its worst crisis since the long-haul 787 Dreamliner fleets grounded in 2013 for a battery problem. CEO Dennis Muilenburg is expected to have a long-awaited speech in front of the financial community, who want information on the future of the 737 MAX, including the date of return to service.
The downtime of this aircraft caused a 13.2% decline to $ 2.1 billion in net profit in the first quarter and a 1.98% decline to $ 22.9 billion in sales. . Boeing also decided to suspend its financial targets for 2019, citing the uncertainties surrounding the 737 MAX.