The recent grounding of Boeing’s 737 MAX fleet, following two deadly crashes in less than six months, looks to be the main catalyst in the aviation giant posting a profit slump of 2% in its first quarter 2019 results. Boeing reported revenue of $22.9 billion, down from $23.3 billion in the corresponding period last year. Dennis Muilenburg, Boeing’s chief executive, said in a statement that the company was working through a “challenging time.” “Across the company, we are focused on safety, returning the 737 Max to service, and earning and re-earning the trust and confidence of customers, regulators and the
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