Boeing lays ground to cut 777 rates again

jueves, 11 de agosto de 2016

Boeing is laying the groundwork to further reduce the production rate on the 777 Classic and scrap a planned rate increase for the 787 from 12 to 14/mo.

Greg Smith, CFO of The Boeing Co., reiterated a message from CEO Dennis Muilenburg during the 2Q2016 earnings call that these rate adjustments may be forthcoming.

Smith made his remarks at an investors day conference sponsored by Jefferies & Co.

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