Wednesday, April 24, 2019

News Alert: Boeing suffers a rare drop in earnings amid uncertain timeline for return of 737 Max, which remains grounded over safety worries

The fallout from two crashes of Boeing's flagship jet is muddying the company's financial outlook, according to its first-quarter earnings report. Boeing reported a rare decline in earnings and sales, marking a reversal for a company beloved on Wall Street after years of strong commercial jet sales and cash payouts to investors.
 
Democracy Dies in Darkness
 
 
News Alert Apr 24, 7:34 AM
 
 
Boeing suffers a rare drop in earnings amid uncertain timeline for return of 737 Max, which remains grounded over safety worries

The fallout from two crashes of Boeing's flagship jet is muddying the company's financial outlook, according to its first-quarter earnings report. Boeing reported a rare decline in earnings and sales, marking a reversal for a company beloved on Wall Street after years of strong commercial jet sales and cash payouts to investors.

Read more »
Advertisement
 

No comments:

Post a Comment