Boeing also posted a wider-than-expected loss for the third quarter.
Boeing said Wednesday it will deliver fewer 737 Max aircraft than it expected this year.BoeingThe company expects to hand over between 375 and 400 of its workhorse plane this year, down from a previous estimate of 400 to 450. It marks a headwind for Boeing and for airline customers eager to receive new, more fuel-efficient jetliners.
Boeing maintained its expectations for 2023 free cash flow of $3 billion to $5 billion, despite the production problems."I have heard those outside our company wondering if we've lost a step. I view it as quite the opposite," CEO Dave Calhoun said in an employee note on Wednesday, as the company reported third-quarter results.
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