Boeing Said It Expects A Slower Increase In Rate Of 787 Production And Deliveries Due To Supplier Shortages On A "Few Key Parts"; It Sill Plans To Steadily Increase Its Rate To Meet Strong Demand
Portfolio Pulse from Benzinga Newsdesk
Boeing has announced a slower increase in the production and delivery rate of its 787 model due to supplier shortages of a few key parts, despite planning to steadily increase its rate to meet strong demand, according to a memo to South Carolina workers.
April 22, 2024 | 7:54 pm
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Boeing's announcement of a slower increase in 787 production and deliveries due to supplier shortages may impact investor confidence and stock performance in the short term.
The slowdown in production and delivery rates for the 787 model due to supplier shortages directly impacts Boeing's ability to meet demand, potentially affecting revenue and investor confidence. This news is likely to concern investors, leading to a negative short-term impact on Boeing's stock price.
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