TL;DR CNBC

Boeing warns production problem will likely slow deliveries of 737 Max planes

Publishing timestamp: 2023-04-13 21:31:35

Summary

Boeing warns of likely reduction in deliveries of 737 Max airplanes due to parts problem with fuselages manufactured by Spirit AeroSystems. This is the latest in a series of production issues for Boeing, impacting customers like American Airlines and Southwest Airlines. Boeing shares fell 5% and Spirit AeroSystems shares fell 20% in response to the news.

Sentiment: NEGATIVE

Tickers: SPR,  LUV,  BA,  AAL, 

Keywords: business,  aerospace and defense industry,  business news,  breaking news: business,  southwest airlines co,  earnings,  american airlines group inc,  transportation,  airlines,  spirit aerosystems holdings inc,  boeing co, 

Source: https://www.cnbc.com/2023/04/13/boeing-warns-of-reduced-737-max-production-and-deliveries-due-to-parts-issue.html