Boeing also said estimated costs to produce its flagship single-aisle aircraft increased by $1.7 billion in the second quarter, driven primarily by higher costs from a longer-than-expected reduction in its aircraft production rate.
However, Boeing's calculations are based on an assumption that the 737 Max will return to the skies in the autumn.
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Southwest, the world's largest MAX operators with 34 jets, and American are due to report quarterly earnings on July 25.
An autumn return for the 737 is earlier than some analysts expected and may have contributed to a rally in Boeing shares in after-hours trading. It was the second MAX plane crash in six months, and almost 350 people were killed between the two crashes. Boeing this week hired a victims-compensation expert to oversee a $50 million relief fund for families, which the company said was separate from the lawsuits.
The 737 MAX grounding crisis will cost Boeing $5.6 billion in revenue, to be recognized in the financial results of the second quarter of 2019.
The assumptions behind the accounting charge also provided a glimpse of Boeing's recovery plan for its best-selling jet, which crashed twice in a five-month span and engulfed the United States planemaker in one of the worst crises of its century-long history. 'In general, we are happy to have some details'.
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The plane's return has been pushed back several times, most recently after Federal Aviation Administration pilots found a new flaw while testing Boeing software changes in a flight simulator.
That discovery prompted Boeing to say in late June that it expected to present its proposed fix to the FAA "in the September timeframe". FAA approval, new training for pilots - the exact nature of which hasn't been determined - and checking jets that have been parked will take several more weeks.
Dallas-based Southwest said on Thursday it would schedule without the 737 MAX until november 2, a decision that proactively removes about 180 daily flights from its schedule, more than the 150 daily flights it was removing through early October.
Boeing is likely to repay customers in the form of discounts, additional service packages and other extras over a period of years, rather than cash payouts to compensate for the losses, analysts have said.
The manufacturer, facing intense scrutiny over the regulatory clearance for the aircraft to fly, has cut the monthly production rate from 52 to 42 as airlines hold off purchases.
Boeing is still building Max jets, although at a reduced pace, but it halted deliveries of completed planes in March.
Boeing shares are up 2.1 per cent to $368.50 in early trading, recouping most of yesterday's 2.3 per cent decline.