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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.
Published 3 months ago · Arlington, United States

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Problem-plagued Boeing sets ambitious turnaround targets

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.

3 months ago·United States
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Problem-plagued Boeing sets ambitious turnaround targets

Boeing is promising Wall Street that it will make big improvements in airplane production and cash-flow generation in the next few years

3 months ago·United States
Read Full Article

Problem-plagued Boeing sets ambitious turnaround targets

Boeing officials vowed Wednesday to significantly increase airplane production and cash flow in the next few years as the company seeks to recover from years of mistakes in its airline and defense businesses.The aircraft maker 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 m…

3 months ago·Tacoma, United States
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Problem-plagued Boeing sets ambitious turnaround targets

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.

3 months ago·Minneapolis, United States
Read Full Article

Problem-plagued Boeing sets ambitious turnaround targets

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 …

3 months ago·Miami, United States
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Problem-plagued Boeing sets ambitious turnaround targets

Boeing is promising Wall Street that it will make big improvements in airplane production and cash-flow generation in the next few years.

3 months ago·Portland, United States
Read Full Article
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