Boeing Co is expected to reveal whether the latest 737 MAX manufacturing problem will derail the U.S. plane maker’s annual goals for passenger jet deliveries and free cash flow when it unveils its first quarter financial results on Wednesday.
is expected to reveal whether the latest 737 MAX manufacturing problem will derail the U.S. plane maker’s annual goals for passenger jet deliveries and free cash flow when it unveils its first quarter financial results on Wednesday., which Boeing said involves a “significant” portion of the 737 fleet where two brackets were improperly installed.
“I'd like to have some numbers and some scale of the materiality of this, whether it affects deliveries, cash flow and all the rest,” Vertical Research Partners analyst Robert Stallard said. “It's unfortunately just one of many issues that Boeing seems to stumble into on a regular basis.” “Boeing gave a fairly wide range for the amount of cash flow they expect for the year, and there are a lot of levers to impact cash throughout the company,” said Seifman, who said it would be “surprising” if the company were unable to meet its goal.
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