It seemed difficult to imagine a worse year for Boeing than 2019—until 2020 came along. What should worry investors now is that the long-awaited 2021 return to grace is slipping away.
On Wednesday, the Chicago-based plane maker reported a $466 million loss for the third quarter. Revenues came in 29% lower due to the Covid-19 crisis, even though the prior-year period was itself badly hit by the grounding of Boeing’s 737 MAX jet in March 2019. However atrocious, the results were better than analysts were expecting: Boeing stock...
The Link LonkOctober 29, 2020 at 02:00AM
https://www.wsj.com/articles/this-is-a-year-to-forget-but-boeings-2021-isnt-looking-great-either-11603908051
This Is a Year to Forget, But Boeing’s 2021 Isn’t Looking Great Either - The Wall Street Journal
https://news.google.com/search?q=forget&hl=en-US&gl=US&ceid=US:en
No comments:
Post a Comment