{"id":283613,"date":"2019-07-22T05:58:39","date_gmt":"2019-07-22T05:58:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283613"},"modified":"2019-07-22T05:58:39","modified_gmt":"2019-07-22T05:58:39","slug":"opinion-boeings-charge-is-only-the-end-of-the-beginning","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-boeings-charge-is-only-the-end-of-the-beginning\/","title":{"rendered":"Opinion | Boeing\u2019s charge is only the end of the beginning"},"content":{"rendered":"<p>Boeing Co.\u2019s willingness to put a price tag on its 737 Max crisis and set a firmer timeline for the plane\u2019s return is a sign it sees those troubles as closer to being resolved. The risk is that the company is still the most optimistic one in the room.<\/p>\n<p>Boeing late Thursday announced it would take a $4.9 billion after-tax charge in the second quarter to reflect its estimate of compensation owed to airlines that have had to scramble to adjust schedules as the Max\u2019s grounding enters its fifth month. That estimate is based on an assumption that regulators will begin approving the Max\u2019s return to service in the fourth quarter and that Boeing doesn\u2019t have to make additional cuts to its production rate. This is a contrast to Boeing\u2019s April earnings update, when it suspended full-year guidance and declined to provide a timeline for the Max\u2019s return. It could have just reiterated that sense of uncertainty this go-around. The fact that it didn\u2019t is likely a big reason why the stock is up in early trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co.\u2019s willingness to put a price tag on its 737 Max crisis and set a firmer timeline for the plane\u2019s return is a sign it sees those troubles as closer to being resolved. The risk is that the company is still the most optimistic one in the room. Boeing late Thursday announced it would take a $4.9 billion after-tax charge in the second quarter to reflect its estimate of compensation owed to airlines that have had to scramble to adjust schedules as the Max\u2019s grounding enters its fifth month. That estimate is based on an assumption that regulators will [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-283613","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283613"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283613\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}