Boeing plans to boost 737 Max production to 38 planes per month despite manufacturing snag
18 Articles
18 Articles
Boeing Loses $425M in 1Q but Plans Production Boost for Max
Boeing lost $425 million in the first quarter—more than Wall Street expected—but said Wednesday that it plans to boost production of its best-selling plane, the 737 Max, later this year. Revenue rose 28 percent from a year earlier, as airlines scooped up new jets to meet rising travel demand, and the company stood by its forecast of producing $3 billion to $5 billion in cash flow this year. Shares of Boeing rose nearly 5 percent before settling …
Boeing loses $425M in 1Q but plans production boost for Max
By DAVID KOENIG (AP Airlines Writer) Boeing lost $425 million in the first quarter — more than Wall Street expected — but said Wednesday that it plans to boost production of its best-selling plane, the 737 Max, later this year. Revenue rose 28% from a year earlier, as airlines scooped up new jets to meet rising travel demand, and the company stood by its forecast of producing $3 billion to $5 billion in cash flow this year. Shares of Boeing rose…
Boeing loses $425 million but plans production boost for Max
Boeing lost $425 million in the first quarter — more than Wall Street expected — but said Wednesday that it plans to boost production of its best-selling plane later this year. Revenue rose 28% from a year earlier, as airlines scooped up new jets to meet rising travel demand. The company also stood by its forecast of producing $3 billion to $5 billion in cash flow this year. Shares of Boeing jumped about 4% before the opening bell Wednesday. CEO…
It's a '10': Boeing confident in reaching 787 production goal at SC plant
Boeing Co. expects to build 10 787 jets a month at its North Charleston factory by mid-decade, or a third more than the plant's previous record production rate, the planemaker's top boss told investors April 26.
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