Boeing Warns of Extended Cash Burn Due to 737 Max Production Slowdown
Wednesday, 20 March 2024, 14:02
Boeing has issued a warning of a cash burn in the first quarter due to the slowdown in production of its 737 Max model. The company's long-term financial targets are now at risk as a result of the extended crisis stemming from a door plug blowout. This setback is likely to have a significant impact on Boeing's cash flow forecasting and overall financial health.
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