Boeing Faces Production Target Doubts from Moody's and S&P

Reported 2 months ago

Moody's and S&P analysts express skepticism regarding Boeing's ability to meet its 2024 production goal of 38 MAX jets per month, predicting a delay until 2025. Concerns stem from potential labor disruptions and Boeing's history of missed targets, alongside a significant cash burn in 2024. Current evaluations suggest the company may only produce 32 jets monthly by the year's end, affecting deliveries and financial stability.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis