Boeing Results Fall Short of Estimates But Manufacturer Still Expects to Be Cash Flow Positive This Year
because of supply chain and labor constraints. Rival Airbus has expressed similar concerns.
He also reiterated that Boeing is"in the final stages" of preparations to resume deliveries of its 787 Dreamliners, which have been paused for more than a year because of production flaws. A return of 787 deliveries is key for Boeing because customers pay the bulk of an aircraft's price when they receive the planes.
Boeing executives will discuss results with analysts at 10:30 a.m. Wednesday, when they are likely to face questions about the 737 Max's return to flying in key aircraft customer China, timing on the 777X and its cash flow forecast for this and next year.
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