crisis: It's not just the airlines feeling the pinch Boeing BA also said earlier this week that its earnings fell 21% in the first three months of the year because of the crisis, according to CNN. The company didn't break out the complete cost of its results from the 737 Max crisis, but in a presentation to investors, it said it had booked a charge related to fixing the plane's problems. American Airlines AAL Southwest Airlines LUV and European budget carrier Norwegian all revealed this week that the inability to utilize the troubled plane will cost the combined airlines nearly 600 million. Airlines started grounding the 737 Max in March after one of the planes flown by Ethiopian Airlines crashed, killing everyone on board. The crashes killed 346 people in total. It was the second accident involving the jet model in less than six months, after another flown by Indonesia's Lion Air crashed last October.
(news.financializer.com). As
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