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And it said that the company’s projected annual cash flow will fall short of the $4.3 billion of debt coming due in 2025 and also the $8.0 billion coming due in 2026, and that Boeing will ...
Boeing reported on Tuesday an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S ...
J.P. Morgan analyst Seth Seifman doesn’t think that Boeing can rebound that fast, but still posits $8.6 billion in free cash flow in 2025. But financial projections won’t fix the culture ...
A month ago, West forecast Boeing would generate free cash flow “in the low single-digit billions.” The new forecast shows the mounting costs of the plane maker’s latest crises.
West said lower deliveries, lower production volumes at its commercial division and pressure on working capital is affecting free cash flow. It means Boeing will need more time to hit a goal ...
Boeing CFO Brian West told analysts he expects the company will continue burning cash in full year 2025 and the last three months of 2024, sending shares of Boeing down 3.1% to $154.86.
The "decrease of pre-payments for future deliveries" was expected to reduce free cash flow in each semester by €300 million (354 million USD). [93] In October 2019, General Electric reported a $1.4 billion loss due to delayed sales of the CFM LEAP engines for the 737 MAX. [94]
Despite the issues, outgoing CEO Dave Calhoun said the company would soon increase the pace of production to meet its cash flow goals by 2026. He added on the company’s earnings call that Boeing ...