Boeing posts largest-ever quarterly loss; warns of cuts in 737 output

Boeing has posted its largest-ever quarterly loss as it warned that it might have to halt production of its 737 Max aircraft if grounding continues much longer. The company reported a loss of $3.4 billion in its second quarter 2019 financial results – due to the troubled plane and the charges surrounding it. Revenue for the firm was down 35% from the previous year to $15.8 billion, from $24.8 million experienced in 2018, with deliveries coming in at 90 commercial aircraft in the second quarter, down from 194 aircraft in the same period last year. Boeing’s overall operating cash flow