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Boeing Expects to Burn Through Cash and Doesn’t See Improvements in Delivery in 2024

The crisis of airplane maker Boeing is likely to continue in 2024. According to the company’s chief financial officer (CFO) Brian West, Boeing expects to continue burning through cash this year while the delivery will remain slow. Boeing faced an array of production issues after...

Boeing Stock Plunges Amid 737 MAX Production Issues

Boeing announced on Thursday that it is expecting delays in the production and delivery of its 737 MAX airliners due to an issue with parts supplied to them by Spirit AeroSystems. The company’s shares took a hit shortly after the announcement, dropping by 4.5%...