Boeing shares fell after the company's CFO lowered the company's cash forecast NEW YORK: Boeing shares were hammered Thursday after a top company official predicted another quarter of meagre plane deliveries, likely resulting in
West said the second half of 2024 should itself be positive in terms of cash flow, owing to higher plane deliveries, increased receipts from a key military contract and lower costs tied to keeping planes in inventory.Boeing shareholders back outgoing CEO's US$33 million pay deal despite safety woes Boeing is working with Chinese officials"but that will very likely have an impact in the quarter on deliveries in our cash flow," West said.
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