Boeing Delays Key 737 Production Target By 3 Months, Tells Suppliers New Goal Of 42 Planes Per Month Now Set For September Instead Of June
Portfolio Pulse from Benzinga Newsdesk
Boeing has delayed its key 737 production target by three months, moving the goal of producing 42 planes per month from June to September. This information was reported by Reuters, citing sources.
June 14, 2024 | 7:24 pm
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Boeing has delayed its 737 production target by three months, shifting the goal of producing 42 planes per month from June to September. This delay could impact Boeing's stock price negatively in the short term as it may affect revenue and investor confidence.
The delay in reaching the production target for the 737 model could lead to concerns about Boeing's ability to meet its delivery schedules and revenue projections. This may result in a negative short-term impact on the stock price as investors react to the news.
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