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By David Shepardson and Allison Lampert WASHINGTON/MONTREAL (Reuters) -Boeing CEO Dave Calhoun will testify before a U.S. Senate panel on June 18 after a series of incidents raised concerns about safety and quality and regulators barred the planemaker...
New York (Reuters) - Boeing executives are unlikely to be criminally charged over fatal crashes in 2018 and 2019 that killed 346 people as the statute of limitations has likely passed, U.S. Justice Department officials told victims' family members in a meeting.
-Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company's finance chief said Thursday, as the U.S.... -May 23, 2024 at 12:51 pm EDT - MarketScreener
Boeing currently has a BBB- rating from S&P, one level above "junk" status, with a negative credit rating outlook. The rating agency changed that outlook in April to "negative" from "stable" due to the increased chance that it will take more time for cash flow to recover.
(Reuters) - Boeing's cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the company said it would be cash-flow negative in 2024. Boeing currently has a BBB- rating from S&P, one level above...