The 737 Max crisis costs continues to climb two years after the second fatal crash

Wednesday marked a grim anniversary for Boeing and hundreds of families worldwide -- two years since the fatal crash of a 737 Max flown by Ethiopian Airlines that killed all 157 people on board. While the human toll outweighs the financial accounting of the crisis, the dollar cost is likely to make Boeing's 737 Max safety issues one of the most costly corporate mistakes ever. Boeing (BA) has already detailed about $21b in costs associated with the crisis, including nearly $9b in compensation for airlines that couldn't or still can't use those jets, and about $11b in increased production costs associated with the slower rate of building that will last for years. And then there are the $744m in additional costs -- so far -- mostly from storing hundreds of Max jets built during the grounding that Boeing couldn't deliver. Even with Boeing customers now getting those planes, it will be well into 2023 before airlines take possession of them. And that doesn't begin to even address Boeing's legal exposure. Story has more.<br/>