U.S., July 19 -- Boeing said that the company is bracing for the biggest quarterly loss in its history when the world's largest plane-maker reports its financial results next week.

Boeing's revenue will take a $4.9 billion hit in the second quarter due to the worldwide grounding of its 737 MAX jets after two fatal crashes.

According to the company, lost sales, reduced production and the compensation payments it was expecting to hand over to date would cost the plane maker $6.6 billion.

The sum does not include any provision for lawsuits expected to be filed by the families of the victims.

Average estimates of analysts compiled by Refinitiv suggested Boeing would book a per-share profit of $1.80 for the second quarter. The charge, whic...