Boeing posts massive charge for 787 Dreamliner problems, sending losses soaring
CNN
Boeing took nearly $4 billion in charges related to problems it had with its 787 Dreamliner, causing losses to soar for the third straight year.
The company had already been hit with the problems surrounding the 737 Max, which was grounded for 20 months starting in 2019 following two fatal crashes. Demand then plunged for new aircraft because of massive airline losses caused by the pandemic.
Boeing has essentially not been able to deliver the widebody 787 jet for a year because of quality control issues.
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