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"Boeing Plans to Stabilize 737 Production Amid Stock Decline and Inflation Concerns"

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Source: Yahoo Finance
"Boeing Plans to Stabilize 737 Production Amid Stock Decline and Inflation Concerns"
Photo: Yahoo Finance
TL;DR

Boeing's CFO announced a reduction in the production rate of 737 jets to 38 aircraft per month for the second half of 2024, citing a focus on quality following a mid-air incident and federal investigations. The company's stock dipped as investors reacted to the news, despite the CFO expressing confidence in hitting annual cash flow targets in the 2025-2026 timeframe.

Topics:businessbusinessaviation#737-production#aerospace#boeing#businessaviation#quality#stock-market
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  1. Boeing announces easing of 737 production for late 2024  Yahoo Finance
  2. Boeing to stabilize 737 production later this year, exec says  Fox Business
  3. Boeing Stock Fell. It’s The MAX, Again, And Inflation.  Barron's
  4. Boeing to stabilize 737 production later this year, CFO says  Reuters
  5. Boeing (NYSE:BA) Looks to Stabilize Production, Shareholders Are Losing Hope - TipRanks.com  TipRanks

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