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Boeing Shares Crater Most In 18 Months After Delivery Outlook Cut

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Boeing Shares Crater Most In 18 Months After Delivery Outlook Cut

Boeing Shares Crater Most In 18 Months After Delivery Outlook Cut Boeing shares cratered in the US cash session by late morning in New York after it slashed its commercial aircraft delivery outlook because it needs more time to ramp up to sustainable production rates. The struggling planemaker expects to miss its full-year production target of 500 737 aircraft - its cash cow aircraft - and deliver about 90 787 Dreamliners, the bottom tier of its guidance range. "I've said before, our progress is not always going to be perfectly linear, but we continue to improve, and I'm confident

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