General Electric Co. will likely take a significant hit to its cash flow from Boeing Co.’s decision to halt production of the 737 MAX jetliner, which has already dented the conglomerate’s finances.
GE makes all of the MAX’s engines through a joint venture with France’s Safran SA. When Boeing in April cut monthly production of the plane to 42 from 52, it created a $400 million quarterly reduction in GE’s cash flow. The suspension of production Boeing announced Monday, if prolonged, could reduce cash flow by much more as analysts...
TBH, I wasn’t expecting to hear that at this time of year! Wondering how they got to this point to halt production of the 737-MAX! Some points remain unclear!
Boeing's supply chain 💭
I am not shocked but shocked that they have not been sued
I believe i can fly With government subsidy i can touch the sky I get designs from the h1b I give you good price on da ticket fee Now we take the software off da eardh We r flyin indonesia air likmh370 I hear roar like lion as we plummet down But do not worry it is c not ground
Boeing is trying to fix 737 max mechanical problem with software. Travelers are not stupid. Ditch the planes. !!!!
Any supply chain student will love a case study on “bullwhip effect” due to a 737 Max decision made years back!
Boeing should be facing a class action suit from the survivors of the crashes they knew were coming.