Boeing Exec Says Looking For Stability At 38/mo And Readiness In Supply Chain Before Approving 42/mo Rate For 737 -Investor Call
Portfolio Pulse from Charles Gross
During an investor call, a Boeing executive stated that the company is seeking stability at a production rate of 38 per month and readiness in the supply chain before approving a rate of 42 per month for the 737 model.
July 26, 2023 | 3:14 pm
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NEUTRAL IMPACT
Boeing's production rate decision for the 737 model could impact its stock price. The company is seeking stability at a production rate of 38 per month before increasing to 42 per month.
Boeing's decision to seek stability at a lower production rate before increasing suggests a cautious approach to managing its supply chain and production. This could be seen as a positive by investors who value stability and risk management, but it could also be seen as a negative by those who were hoping for a faster ramp-up in production. Therefore, the impact on the stock price is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100