Boeing profit plunges

Boeing profit plunges


more turbulent said Boeing the continued
grounding of its 737 max Jets following deadly crashes eight into its earnings
slicing its quarterly profit by more than half but it has troubles with other
Jets as well the world’s largest plane maker is slashing production of the
Dreamliner Boeing cites global trade tenses behind its move to cut the 787’s
production rate for the next two years and that’s not all it’s pushing back by
one year the service entry plans for its twin our wide-body
the triple 7x whose engine had been facing issues and it’s delaying a
planned production hike of its best-selling jet the narrow-body 737
headlines kappa tumultuous week for boeing which just out stood the top
executive of its Commercial Airplanes division on Tuesday despite the sour
news boeing shares rose at the market open wednesday investors took comfort in
the company’s reaffirmation of its time line overturning the max2 service in the
fourth quarter

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