Boeing is the crisis of the model series of increasingly feeble. A Special charge in the amount of five percent of the annual turnover rained on your parade numbers for the quarter. However, the U.S. company self-spread optimism.
Grounded: the Boeing 737 MAX at the Seattle site (archive image)
The US aerospace group Boeing is going to cost because of the problems with the series, the 737 MAX high special in the balance sheet. In the second quarter, an additional burden of $ 4.9 billion (4.4 billion euros) after taxes will be incurred, the company said.
According to Boeing, the money should be used for potential compensation from airlines that have to suffer because of the failure of the 737 MAX under operational disruptions and ordered planes to wait. The group wants to capture the special cost complete in the second quarter. Possible compensations to the Airlines but should be stretched over several years.
Pressure on the margin
As the company announced more, is likely to be increased, the production cost of the entire 737 program in the second quarter to approximately $ 1.7 billion. The main cause was that the production rate longer than planned had to be reduced. Also, in the future, the profit will be charged margin as a result.
The 737-MAX series, was advised after two crashes in Indonesia and Ethiopia in the miss credit. In the case of the accidents, more than 340 people came to a total of killed. For the affected aircraft type in the world start were imposed prohibitions. If and when the 737-must stand out series, is unclear. Finally, the flight control had found further problems, which could complicate a re-admission.
Hope in the autumn
Boeing hopes to get again in the autumn, an operating permit for the series. The group said the return to flight operations will be sought for the start of the fourth quarter. Observers view this as extremely optimistic.
The company is suspected, the aircraft rushed to the market and to have the safety neglected. The group denies this, but has given a breakdown. Investigation reports suggest a faulty control software as the cause of a crash.
jj/bru (dpa, rtr)