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Boeing CEO declines to provide financial outlook for company’s current year
February 5th 2024
At Boeing’s financial results presentation late last week. Read More » Boeing CEO, David Calhoun, said it was not the right time to provide a financial outlook given the spotlight on the 737 MAX and the ongoing investigation into the cause of the separation of a mid exit door plug from the fuselage of an Alaska Airlines 737 MAX 9 while the aircraft was in flight. “We won't predict timing. We won't get ahead of our regulator,” Calhoun said. “We will go slow to go fast and we will encourage and reward employees for speaking up to slow things down if that is what is needed.” Boeing reported a net loss of US$2.2 billion for calendar 2023, an improvement from a US$5.1 billion net loss in the previous year.
