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Boeing faces investor scrutiny as it reports first-quarter results. The company's revenue beat estimates, but it burned through $4 billion in cash. Boeing is taking actions to address quality and safety concerns, particularly in its commercial business, and its backlog stands at $529 billion. Despite the challenges, Boeing's stock price rose after the earnings report.
Bombardier burns more cash to ramp up business jet production https://t.co/nELRvMBhU2 https://t.co/dtUIoYpRZu
S&P SAYS BOEING CO. OUTLOOK REVISED TO NEGATIVE ON DELAY OF CREDIT METRICS RESTORATION; 'BBB-/A-3' RATINGS AFFIRMED || S&P: BOEING FACES HEIGHTENED PRODUCTION UNCERTAINTY, NOTABLY RELATED TO QUALITY ISSUES AFFECTING 737 MAX AIRCRAFT, KEY CHANGES TO LEADERSHIP PENDING
Boeing slows airplane deliveries 36% as it fights to regain public confidence. "We are in a tough moment." https://t.co/RLFeGsTPPk