Boeing CFO Confirms Reuters Report On Delayed Plane Deliveries To China Due To Chinese Regulatory Review; Says There Won't Be A Step Up In Q2 Commercial Jet Deliveries Compared To Q1
Portfolio Pulse from Benzinga Newsdesk
Boeing CFO confirms a Reuters report on delayed plane deliveries to China due to a Chinese regulatory review. Additionally, there will not be an increase in Q2 commercial jet deliveries compared to Q1.
May 23, 2024 | 2:55 pm
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Boeing CFO confirms delays in plane deliveries to China due to regulatory review. No increase in Q2 commercial jet deliveries compared to Q1.
The delay in plane deliveries to China due to regulatory review and the lack of increase in Q2 commercial jet deliveries compared to Q1 are likely to negatively impact Boeing's short-term revenue and stock price.
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