Even with Boeing customers now getting those planes, it will be well into 2023 before airlines take possession of them.Īnd that doesn’t begin to even address Boeing’s legal exposure. (BA) has already detailed about $21 billion in costs associated with the crisis, including nearly $9 billion in compensation for airlines that couldn’t or still can’t use those jets, and about $11 billion in increased production costs associated with the slower rate of building that will last for years.Īnd then there are the $744 million in additional costs – so far – mostly from storing hundreds of Max jets built during the grounding that Boeing couldn’t deliver. While the human toll outweighs the financial accounting of the crisis, the dollar cost is likely to make Boeing’s 737 Max safety issues one of the most costly corporate mistakes ever. Wednesday marked a grim anniversary for Boeing and hundreds of families worldwide – two years since the fatal crash of a 737 Max flown by Ethiopian Airlines that killed all 157 people on board.
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