Title: Financial impact of the Boeing 737 MAX groundings - Wikipedia
Headings: Financial impact of the Boeing 737 MAX groundings
Financial impact of the Boeing 737 MAX groundings
Contents
Effect on Boeing
Litigation
Pilots
Victims' families
Orders and deliveries
Revenue and earnings
Stock analysis
Coronavirus relief
Boeing suppliers
Airlines
Aircraft lessors
Training and simulators market
Aviation insurance
Effect on the US economy
References

Content: On January 7, 2021, Boeing settled to pay over $2.5 billion after being charged with fraud . Contents
1 Effect on Boeing
1.1 Litigation
1.1.1 Pilots
1.1.2 Victims' families
1.2 Orders and deliveries
1.3 Revenue and earnings
1.4 Stock analysis
1.5 Coronavirus relief
2 Boeing suppliers
3 Airlines
4 Aircraft lessors
5 Training and simulators market
6 Aviation insurance
7 Effect on the US economy
8 References
Effect on Boeing
737 MAX aircraft parked at Grant County International Airport in October 2019
Following its intention to suspend production in December 2019, Boeing estimated an additional cost of $6.3 billion to deliver the 737 MAX program and a subsequent reduction in the program's anticipated profit margin. Boeing initially hoped that flights would resume by July 2019, but on June 3, CEO Dennis Muilenburg revised this to the end of 2019, with no firm timeline. On July 18, Boeing reaffirmed a return to flight during the fourth quarter of 2019, but noting that the date could still slip. In September 2019, Muilenburg suggested a phased return around the world because of the regulatory divisions regarding recertification. Later that same month Boeing told its suppliers that the plane could return to service by November. On November 11, 2019, Boeing revised this to a resumption of deliveries in December 2019 and commercial flights in January 2020. In January 2020, Boeing said it was not expecting recertification until mid 2020. In the second quarter of 2019, Boeing reported a record quarterly loss of $2.9 billion, as it provisioned $4.9 billion for airlines compensation. Its inventory had grown by $6 billion, its stock market value had dropped by $62 billion and its share price lost 25% between March and August 2019.