financetom
Business
financetom
/
Business
/
Boeing Expects up to $4.5 Billion Q1 Cash Outflow, Lowers Monthly Production Target
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing Expects up to $4.5 Billion Q1 Cash Outflow, Lowers Monthly Production Target
Mar 20, 2024 5:22 AM

07:55 AM EDT, 03/20/2024 (MT Newswires) -- Boeing ( BA ) has decided to keep monthly B737 jet production at 38 as the planemaker predicted cash outflow of $4 billion to $4.5 billion in Q1, Chief Financial Officer Brian West said Wednesday in a conference, according to media reports.

The company also plans to only accept a fully conforming fuselage from supplier Spirit AeroSystems ( SPR ) , reports said, following regulatory scrutiny of its manufacturing processes following the Jan. 5 incident involving a blowout in a 737 Max 9 plane mid-flight.

Price: 178.36, Change: -2.78, Percent Change: -1.53

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
--Brandywine Realty Trust Keeps Quarterly Dividend at $0.15 a Share, Payable July 17 to Holders of Record on July 2
--Brandywine Realty Trust Keeps Quarterly Dividend at $0.15 a Share, Payable July 17 to Holders of Record on July 2
May 26, 2025
12:49 PM EDT, 05/21/2025 (MT Newswires) -- Price: 4.25, Change: -0.02, Percent Change: -0.59 ...
Bitcoin's New All-Time High Fuels Marathon Holdings (MARA) Stock: What's Going On?
Bitcoin's New All-Time High Fuels Marathon Holdings (MARA) Stock: What's Going On?
May 26, 2025
MARA Holdings Inc ( MARA ) shares climbed 6.1% to $17.18 Wednesday afternoon, buoyed by Bitcoin’s (CRYPTO: BTC) surge to a new all-time high of $109,500. As a leading Bitcoin mining company, Marathon’s profitability and asset value are directly tied to the cryptocurrency’s performance. What To Know: Marathon benefits in two key ways from Bitcoin’s rally. First, the higher Bitcoin...
List of bidders in Citgo auction narrows, remaining groups to sweeten terms
List of bidders in Citgo auction narrows, remaining groups to sweeten terms
May 26, 2025
* Elliott not expected to submit bid in this phase of competition * Offer financing, payment pacts key to providing assurance of completing deal * Companies working to improve aspects of their offers * Citgo's performance, parallel lawsuit affecting valuations in auction's final round By Marianna Parraga HOUSTON, May 21 (Reuters) - Groups led by affiliates of Contrarian Funds, Gold...
Copyright 2023-2026 - www.financetom.com All Rights Reserved