Howmet Aerospace CEO Says Update Our Assumed 737 Build Rate To 22 Aircraft Per Month In 2024 Vs Previous View Of 20 Per Month; There Is Potential For Increasing Demand In Future For New IGT Turbines
Portfolio Pulse from Benzinga Newsdesk
Howmet Aerospace's CEO announced an updated assumed 737 build rate to 22 aircraft per month in 2024, up from the previous view of 20 per month. There is also potential for increasing demand for new IGT turbines.
July 30, 2024 | 2:35 pm
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Boeing's 737 build rate is expected to increase to 22 aircraft per month in 2024, up from the previous view of 20 per month. This could indicate stronger demand and potential revenue growth for Boeing.
The updated build rate for the 737 aircraft suggests stronger demand, which could lead to higher revenues for Boeing. This is a positive indicator for the company's short-term stock performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Howmet Aerospace has updated its assumed 737 build rate to 22 aircraft per month in 2024, up from the previous view of 20 per month. This indicates a positive outlook for the company's production capabilities and potential revenue growth.
The increase in the assumed build rate for the 737 aircraft suggests higher production volumes, which could lead to increased revenues for Howmet Aerospace. This is a positive indicator for the company's short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100