Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing
Publishing timestamp: 2025-03-19 13:59:53
Summary
Boeing's CFO Brian West stated that the company's cash burn is easing this quarter and its factories are improving to deliver more planes. Despite recent safety and quality crises, Boeing shares rose nearly 7% after West's positive comments at an investor conference. The company is working to turn the corner on its manufacturing and safety issues.
Sentiment: MIXED
Keywords: business news, trade, donald j. trump, s&p 500 index, aerospace and defense industry, dow jones industrial average, airlines, tariff, life, business, transportation, travel, breaking news: business, boeing co,
Source: https://www.cnbc.com/2025/03/19/boeing-shares-jump-as-cfo-says-plane-makers-cash-burn-is-easing.html