TL;DR CNBC

Boeing is still assuming 737 Max gets regulatory OK by year-end, but production costs rise

Publishing timestamp: 2019-10-23 11:35:52

Summary

Boeing's production costs for the 737 Max have climbed nearly $1 billion, but the company expects regulatory approval to fly the plane again before the end of the year. The grounding of the 737 Max has cost Boeing billions, but investors are still optimistic about the company's future.

Sentiment: MIXED

Tickers: LUV,  BA, 

Keywords: federal aviation administration,  transportation,  life,  boeing co,  airlines,  business,  travel,  business news,  breaking news: business,  aerospace and defense industry,  southwest airlines co, 

Source: https://www.cnbc.com/2019/10/23/boeing-is-still-assuming-737-max-gets-regulatory-approval-and-returns-to-service-in-q4.html