mo4ch:>Boeing withdraws 2019 financial forecast & pauses share buybacks amid mounting concerns over 737 MAX | Mo4ch News

The yet unresolved issues surrounding Boeing’s once best-selling 737 MAX aircraft have forced the world’s biggest aerospace corporation to pull its full financial forecast for the current year.Moreover, Boeing announced plans to pause share buybacks, citing “a challenging time for our customers, stakeholders and the company.”“Across the company, we are focused on safety, returning the 737 MAX to service, and earning and re-earning the trust and confidence of customers, regulators and the flying public,” Boeing Chairman and CEO Dennis Muilenburg said in a statement.Also on rt.com'Profitability ahead of safety & honesty’: Boeing faces shareholder lawsuit over 737 MAX crashesThe manufacturer had previously posted a report on the first-quarter earnings that managed to fall in line with analysts’ expectations, while its revenue was slightly less than projected. Boeing’s earning per share totaled the expected $3.16 from January through March, while the revenue amounted to $22.92 bil…