Boeing reports biggest loss of its history due to 737 MAX crisis, postpones 777X

Daily Newsletter | July 24, 2019
Boeing reported a loss of nearly $3 billion in the second quarter due to the worldwide grounding of the 737 MAX. The manufacturer also postponed the first flight of its 777X.
Bulgarian President Roumen Radev vetoed the purchase of 8 F-16V fighter jets that the Parliament had approved last week. Radev estimated that the price of the acquisition, $1.256 billion, was too high.
EgyptAir received a brand new Boeing 787 on July 24, 2019. The new Dreamliner took from Seattle to Cairo, making the 5,925 nautical-mile (10,973 km) journey the longest 787 delivery flight using sustainable fuel.
Updated on July 24, 2019
The union suspends July 26-27 strike, while the possibility of industrial action in August 2019 remains.
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