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Transcripts For DW Business 20190425

Aircraft maker boeing saw quarterly profits fall steeply as it grapples with a seven three seven max crisis the plane was grounded around the world after the models were involved in two fatal crashes within a six month span and fixing the fallout is coming at a billion dollar price prompting boeing to abandon its financial forecast for twenty nineteen. The boeing seven three seven marx was supposed to bring the company into the future but now the model which had initially sold strongly has become its biggest liability in the First Quarter alone the seven three seven max generated extra costs of a billion dollars a must just the beginning because the seven three seven across to currently grounded worldwide boeing will face massive compensation payments to its customers the airlines there are also a barrow should lawsuits mainly from the relatives of the victims of the two crashes an Ethiopian Airlines plane in march and the same seven three seven from indonesian lion air in october. The

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