Published: May 24, 2024, 05:40 IST | Updated: May 24, 2024, 05:40 IST
World Business Watch May 24, 2024, 05:40 IST
Boeing CFO forecasts negative cash flow for 2024
Boeing’s financial crisis is spiralling as the year progresses. The aviation giant now expects to burn cash throughout 2024. This shift from their previous forecast of positive cash flow is due to a significant slowdown in production, particularly for their best-selling 737 max jet.