Boeing stock slides after tumultuous quarter headlined by 737 Max crisis
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Boeing beats on earnings after tumultuous quarter headlined by 737 Max crisis
Boeing is expected to report first quarter earnings before the bell on Wednesday, following a quarter that could be called rocky to say the least.
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Boeing blew through $4bn last quarter in response to 737 Max blowout incident
Planemaker beat lowered expectations but still burned billions in response to crisis and reported first revenue drop in seven quartersBoeing burned through nearly $4bn in the last quarter as it scrambled to contain a safety crisis unleashed by a mid-flight blowout of a cabin panel on a brand-new 737 Max 9 jet.The US planemaker has been left reeling by the incident in January, which raised questions about its bestselling commercial plane, and warnings from a whistleblower about other sections of...
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Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door panel blowout.