Boeing earnings and the 737 Max: The cash cow that is giving investors nothing right now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Boeing earnings: 737 Max is the cash-flow machine, and there are no answers for investors yet

Investors looking for answers from Boeing first-quarter earnings on Wednesday were left with one big question: When will 737 Max deliveries resume?

The company's presentation to shareholders noted the commercial airplane business had $1 billion in increased costs due to the 737 production line. Boeing said"new guidance will be issued at a future date" because of"the uncertainty of timing and conditions" for when the 737 Max planes will return to flight.

While the commercial airplane business saw a 17% decline in earnings, the other two primary business lines for Boeing delivered solid performance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

FlexSharesETFs Boeing should be held criminally libel for the 737 max.

FlexSharesETFs Rod Rosenstein and Bill Barr know how to land one.

FlexSharesETFs Maybe prioritizing passenger safety over investor profit is what is needed. Whistleblowers say Boeing priorities have placed too much emphasis on deadlines and not enough on safety. Chilling.

FlexSharesETFs This is a plane which will get the nickname ‘crash cow.’

FlexSharesETFs Nothing wrong with the product. It’s these foreign countries that don’t require enough training hours to fly these planes. AA veteran pilot left AA to go fly private planes bc American pilots have been tasked with training these foreign pilots and he didn’t want to end up dead.

FlexSharesETFs Even once certified to return to service, airlines will be hard-pressed to get the flying public to book their passage on 737-Max 8. Even the DC-10 overcame its issues with great success. I don't see that happening here. The latter never sat grounded w/such uncertainty.

FlexSharesETFs So it’s not really a cash cow.

FlexSharesETFs Insurance?

FlexSharesETFs It was well known inside Boeing and within the airlines . You reap what you sow. They cut corners for profits now they’ve cut profits and killed people . Seems like the faa is needed badly as business can’t regulate themselves effectively .

FlexSharesETFs You finally found a victim you care about.

FlexSharesETFs Those poor investors, you’d hate to see anyone killed by this faulty product.

FlexSharesETFs F

FlexSharesETFs You know they will fix it, right?

FlexSharesETFs You misspelled Crash Cow.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes... $BA is not a stock which could grow.. Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'
Source: MarketWatch - 🏆 3. / 97 Read more »

Buy any Boeing pullback in first earnings since 737 Max crisis, market watcher saysWall Street is about to get its first glimpse at how Boeing has weathered its 737 Max crisis. Overlook any near-term weakness, says Mark Tepper.
Source: CNBC - 🏆 12. / 72 Read more »