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The Guardian - US
The Guardian - US
Business
Callum Jones and agencies

Boeing blew through $4bn last quarter in response to 737 Max blowout incident

A plane being assembled in large hanger.
A Boeing 737 Max 9 under construction at the production facility in Renton, Washington. Photograph: Jason Redmond/Reuters

Boeing burned through nearly $4bn in the last quarter as it scrambled to contain a safety crisis unleashed by a mid-flight blowout of a cabin panel on a brand-new 737 Max 9 jet.

The US planemaker has been left reeling by the incident in January, which raised questions about its bestselling commercial plane, and warnings from a whistleblower about other sections of its production line.

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