Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results
Publishing timestamp: 2023-10-25 13:19:06
Summary
Boeing announced that it will deliver fewer 737 Max aircraft than expected this year due to production flaws. The company expects to hand over between 375 and 400 planes, down from the previous estimate of 400 to 450. Despite the production problems, Boeing maintained its expectations for 2023 free cash flow. The article also mentions the wider-than-expected loss for the third quarter and the issues with misdrilled holes in fuselages. Boeing plans to increase production and transition to Dreamliner production.
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Source: https://www.cnbc.com/2023/10/25/boeing-ba-earnings-q3-2023.html