Chicago | Boeing abandoned its 2019 financial outlook, halted share buybacks and said lowered production because of the grounding of its fastest-selling 737 Max jet after two fatal plane crashes in five months had cost it at least $US1 billion ($1.42 billion) so far.
The world's largest planemaker is facing one of the biggest crises in its 103-year history following the disasters on Lion Air in Indonesia on October 29 and another on Ethiopian Airlines on March 10, which together killed all 346 on board.
