General Electric Co. will likely take a significant hit to its cash flow from Boeing Co.’s decision to halt production of the 737 MAX jetliner, which has already dented the conglomerate’s finances.
GE makes all of the MAX’s engines through a joint venture with France’s Safran SA. When Boeing in April cut monthly production of the plane to 42 from 52, it created a $400 million quarterly reduction in GE’s cash flow. The suspension of production Boeing announced Monday, if prolonged, could reduce cash flow by much more as analysts...
Source: Energy Industry News (energyindustrynews.net)
TBH, I wasn’t expecting to hear that at this time of year! Wondering how they got to this point to halt production of the 737-MAX! Some points remain unclear!
Boeing's supply chain 💭
I am not shocked but shocked that they have not been sued
I believe i can fly With government subsidy i can touch the sky I get designs from the h1b I give you good price on da ticket fee Now we take the software off da eardh We r flyin indonesia air likmh370 I hear roar like lion as we plummet down But do not worry it is c not ground
Boeing is trying to fix 737 max mechanical problem with software. Travelers are not stupid. Ditch the planes. !!!!
Any supply chain student will love a case study on “bullwhip effect” due to a 737 Max decision made years back!
Boeing should be facing a class action suit from the survivors of the crashes they knew were coming.
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Boeing considers halting production of 737 Max over grounding: report - Business InsiderThe decision could be announced by Boeing as soon as Monday, according to The Wall Street Journal, which cited sources familiar with the matter.
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Boeing may curb the production of 737 Max airplanes, source saysBoeing is considering curbing production of the troubled 737 Max. The company could either suspend production or further reduce the production level, a source said. I'm never flying on a 737 max EVER. They need to scrap production all together!! Yeah thus okay Just rebrand the plane and change the . Boeing
Source: CNN - 🏆 4. / 95 Read more »
Boeing considers cutting production of 737 Max, report saysBoeing may cut production of the grounded 737 Max jet or temporarily stop making it after being told that its timetable for a return to the skies was not realistic, according to a published report Sunday. BREAKING LOL NOSHITSHERLOCK They should. Change it, it’s a fail.
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WSJ News Exclusive | Boeing Weighs Cutting or Halting 737 MAX ProductionBoeing is considering either halting or further cutting production of the 737 MAX amid growing uncertainty over the troubled airplane’s return to service and could disclose a decision as soon as Monday. This has gone so far now it’s probably the best thing to do more great Boeing news for this week markets as Boeing launches Starliner to ISS. Lets hope that doesn't blow up too. Why has it taken them this long?
Source: WSJ - 🏆 98. / 63 Read more »
Boeing reportedly nears decision on cutting or halting 737 Max productionHow did they not stop that immediately? Or at least change the name? No one wants to fly in the crash-mobile. greatweet Boeing considers halting or further cutting 737 Max production... cut/cut/cut😀😀😀 Check it out! kindle KindleUnlimited ingles english And United just put a big dent in the Dreamliner because they're buying the Airbus long haulers
Source: CNBC - 🏆 12. / 72 Read more »
Boeing 737 Max: Suspended production is embarrassing sign of hubris - Business InsiderBoeing repeatedly picked dates for the 737 Max's return only for them to come and go, and for the FAA to refuse to back the same timeline. Stupid engineering shortcut/work-around killed Boeing’s top selling aircraft. A deadly teeter-totter in the air.
Source: BusinessInsider - 🏆 729. / 51 Read more »