Before the news, analysts estimated that lawsuits and delayed 737 MAX deliveries could cost Boeing in the billions. Meanwhile, Cowen estimated that Boeing's free cash flow would fall $5 billion below its January 2019 guidance as a result of the 737 MAX debacle. In describing its delay in sharing information about the non-working AOA Disagree software, Boeing argued that it was protected by its standard process. Boeing's disclosure adds a new element to the potential cost to shareholders of the 737 MAX debacle. For example, as the Wall Street Journal reported, China is "taking the lead in grounding the Boeing 737 MAX [and] buying 300 planes from rival Airbus [a considerable lost opportunity since the 737 MAX retails for $106 million apiece according to Statista]."

Source: Forbes May 06, 2019 13:31 UTC