General Electric CEO Larry Culp Says Calhoun Has Been Very Consistent That Boeing Is Going To Work With FAA, NTSB In Max 9 Investigation; It's Still Very Early With Respect To Boeing 737 Max 9 Investigation To Know Exactly What We're Dealing With
Portfolio Pulse from Benzinga Newsdesk
General Electric CEO Larry Culp commented on Boeing's commitment to work with the FAA and NTSB in the investigation of the 737 Max 9 incident. He noted that it is still too early in the investigation to understand the full scope of the issue.
January 23, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Boeing is committed to working with the FAA and NTSB on the 737 Max 9 investigation, but the details and implications are still unclear.
Boeing's involvement in the investigation is critical, but without clear outcomes or findings, the short-term impact on the stock is neutral. The market may react cautiously until more information is available.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
As the CEO of General Electric, Larry Culp's comments highlight GE's attention to the Boeing 737 Max 9 investigation, but GE's direct involvement and impact remain minimal at this stage.
General Electric's CEO has made a statement regarding Boeing's situation, which shows GE's awareness of the issue. However, since the investigation is in its early stages and GE's role is not specified, the impact on GE's stock is neutral.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 50