Boeing CFO Says 38 Per Month Target For 737 Production Will Be Delayed
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced a delay in reaching the production target of 38 units per month for the 737 model. This could impact Boeing's revenue projections and investor sentiment.
October 23, 2024 | 2:47 pm
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Boeing has announced a delay in achieving its production target of 38 units per month for the 737 model. This delay could affect revenue forecasts and investor confidence.
The delay in reaching the production target for the 737 model suggests potential disruptions in Boeing's supply chain or demand issues. This could lead to lower revenue than expected and may negatively impact investor sentiment, causing a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100