Don't Just Read the News, Understand It.
Published loading...Updated

Problem-plagued Boeing sets ambitious turnaround targets

Summary by Ground News
Boeing officials vowed Wednesday to significantly increase airplane production and cash flow in the next few years as the company seeks to recover from two deadly crashes and years of mistakes in its airline and defense businesses. Boeing said it expects to boost revenue to $100 billion and generate $10 billion in annual cash flow by 2025 or 2026. That upbeat forecast is based on raising production of its best-selling plane, the 737 Max, from 31 to 50 per month and moving beyond billions of losses in fixed-price contracts for the Pentagon.

10 Articles

All
Left
3
Center
6
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

MY Northwest broke the news in Tacoma, United States on Wednesday, November 2, 2022.
Sources are mostly out of (0)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.