Boeing's CFO Greg Smith said the spread of coronavirus could hurt aircraft deliveries in the first quarter of the year.
Boeing expects the coronavirus epidemic to hurt deliveries of new planes in the first quarter of the year.Boeing is also hindered by the nearly year-long grounding of its 737 MAX after two fatal crashes.
A day earlier, Boeing reported no new aircraft orders and said it delivered just 13 planes in January. Airlines around the world, including major U.S. carriers, have suspended or cut back on China service, citing a sharp drop in demand because of the outbreak. Boeing's CFO Greg Smith told a Cowen investor conference on Wednesday that coronavirus's impact is something "we're focused on" that the company is working with Chinese customers over the issue.
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