ROME, May 7 (Reuters) - Italy's Leonardo is waiting to
see the impact of Boeing's ( BA ) recent troubles on production,
which could cost the Italian firm some 50 million euros in 2024,
the group's CEO said on Tuesday.
CEO Roberto Cingolani said there was still very little
visibility on the issue. He added that the defence and aerospace
group was ready to "take action" to mitigate any fallout but
cautioned that it may have to push back the break-even of its
aerostructures unit, which had been expected in 2025.
"Boeing ( BA ) is going through some problems, we are tuned to see
the impact on (our) production, taking action to mitigate any
fallouts," Cingolani told a post-results analysts' call.
The Italian group designs, develops and manufactures
components for Boeing's ( BA ) 787 Dreamliner airframe.
Cingolani said that in the worst-case scenario, a slowdown
in Boeing ( BA ) orders could have a 50-million-euro ($53.81 million)
impact on full-year results, but gave no further details.
He added that the state-controlled group had received very
little information from its U.S. counterpart, which is currently
overhauling its management as it grapples with a growing crisis
following a mid-air panel blowout on a plane in January.
"Without precise information it is difficult to make a clear
analysis. We need to talk to Boeing ( BA ) first, have numbers and
understand what their plans are," Cingolani said.
($1 = 0.9292 euros)