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Boeing may face billions more in losses as MAX crisis deepens: Analysts

Boeing could record $3.2 billion in charges over four months on top of a $5.6 billion charge taken so far

Boeing 737 MAX
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Boeing 737 MAX

Reuters
Boeing may have to book billions of dollars in additional charges related to its grounded 737 MAX jets, brokerages said on Monday, following reports that call into question the timing of the aircrafts return to service.

Credit Suisse and UBS downgraded the stock after reports on Friday showed internal messages between two Boeing employees stating that the plane's anti-stall system behaved erratically during testing before the aircraft entered service. The new revelations pose fresh challenges for Boeing, which is reeling under pressure after two fatal crashes forced the company to ground the planes and book billions of dollars in losses.

The crisis

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