NEW YORK, Oct 25 — Boeing reported another hefty loss today as it trimmed its full-year forecast for deliveries of the 737 to address a manufacturing problem on the...
‘See a doctor if your heart’s in pain’, deputy Speaker tells PAS MP ‘hurt’ by DAP rep’s remarks about Harakah debts
The US aviation giant, which has struggled with manufacturing and quality control issues in recent years, reported a third-quarter loss of US$1.6 billion, which translated into a bigger per-share hit than analysts estimated. The latest issue has added to scrutiny on Spirit AeroSystems, a major Boeing supplier that produces the fuselage for the 737 and also works extensively on Boeing’s other best-selling jet, the 787 Dreamliner.Boeing Chief Executive Dave Calhoun told CNBC the additional funds give Spirit the “breathing room they need to meet our rate requirements” as the airplane manufacturer seeks to boost production to meet demand from airlines.
“If we can get some help from the Congress... we will ultimately realize those gains,” Calhoun said, adding that passage of a defense package “needs to happen, period.”
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