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Boeing CFO Warns of Higher Cash Expenditure in Q1

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Boeing,CFO,Cash Expenditure

Boeing's chief financial officer warned investors that the company will expend more cash than expected in the first quarter as the planemaker grapples with production constraints and MAX safety concerns. The CFO stated that the company will spend between $4 billion and $4.5 billion, higher than originally planned. This will impact Boeing's cash flow goal of $10 billion by 2025 or 2026.

Boeing 's CFO warns of higher cash expenditure in Q1 due to production constraints and MAX safety concerns, impacting cash flow goals .

Source: News Formal (newsformal.com)

Boeing CFO Cash Expenditure Q1 Production Constraints MAX Safety Concerns Cash Flow Goals

 

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