Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., Feb. 13, 2017.
Boeing said Wednesday it will deliver fewer 737 Max aircraft than it previously expected this year as it works through production flaws detected on some of the best-selling aircraft.
Boeing maintained its expectations for 2023 free cash flow of $3 billion to $5 billion, despite the production problems.
I view it as quite the opposite," CEO Dave Calhoun said in an employee note on Wednesday, as the company reported third-quarter results.
ET when executives will face questions about its production pace, demand and how it expects to improve margins in its defense unit.
Persons:
we've, Dave Calhoun
Organizations:
Boeing, Max, Budget, Ryanair, Sales, Air Force, Revenue
Locations:
Renton , Washington , U.S, LSEG