Boeing investors seek answers after latest 737 production glitch FMTNews FMTBusiness
Wall Street has received little information from Boeing on its plan to fix the 737 MAX problem and the overall financial impact.
Analysts said the manufacturing problem isn’t a showstopper for the MAX, as it’s not a safety issue and in-service jets have continued to fly. But Wall Street has received little information from Boeing on its plan to fix the problem and the overall financial impact. “Boeing gave a fairly wide range for the amount of cash flow they expect for the year, and there are a lot of levers to impact cash throughout the company,” said Seifman, who said it would be “surprising” if the company were unable to meet its goal.
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