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Data sources: Boeing presentations. Chart by author. Boeing's plans for 2024 involve getting to a delivery rate of 38 a month on the 737. Speaking at an investor conference in May, CFO Brian West ...
The company's order backlog also fell from $521 billion as of the end of last year to a little less than $516 billion now, reversing the backlog's growth seen in Q1. Perhaps worst of all, Boeing's ...
Not surprisingly, Boeing’s commercial deliveries took a hit in the second quarter as well. Boeing delivered 92 commercial jets in Q2, down from the 136 planes delivered year ago, a 32% drop. The ...
Boeing also reaffirmed its prior guidance for the 737 Max this year, saying it sees 400-450 deliveries this year with production of the 737 rising to 38 planes per month. The company plans to ...
According to Wall Street estimates, Boeing is forecast to report negative earnings-per-share (EPS) of -$1.55 for the second quarter, representing a widening loss from the -$1.13 core EPS in the ...
Boeing reported a first quarter core, or adjusted, loss per share of $1.13, narrower than the $1.72 estimated, on revenue of $16.57 billion, which was above forecasts of $16.25 billion but an 8% ...
On October 21, 2019, Wall Street analysts downgraded Boeing's stock; Boeing's market value could drop by $53 billion according to UBS and Credit Suisse. [ 80 ] On November 11, 2019, Boeing stock rose 4.7% on positive 737 MAX news that it was hoping to resume deliveries of the 737 MAX aircraft to airlines in December 2019 and providing more ...
Image source: Getty Images. Delivery delays. One of the hurdles is ramping up airplane production, particularly the 737. The $10 billion in 2025/2026 implies hitting a rate of 50 a month ...
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