Boeing will lose up to $4.5 billion in the current quarter due to problems with the 737 MAX – Kommersant

Boeing will lose up to $4.5 billion in the current quarter due to problems with the 737 MAX - Kommersant

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The American aerospace corporation Boeing warned that negative cash flow in the current quarter will range from $4 billion to $4.5 billion. This was announced today, March 20, stated The company’s chief financial officer, Brian West. Analysts had previously expected negative cash flow of $1 billion in the first quarter.

Boeing’s problems arose after an incident in early January when an Alaska Airlines 737 MAX 9 escape hatch plug fell off, causing the cabin to depressurize. It subsequently became known that many Boeing 737s had hatch covers installed inappropriately; also found on the liners Problems with fuselage. In addition, the Federal Aviation Administration (FAA) discovered dozens of violations in the 737 MAX production processes. This situation has led to a reduction in production and supplies Boeing aircraft.

Yana Rozhdestvenskaya

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