Boeing CFO West Says Strike Will Delay 38 737s/Month Target (2)

Boeing Co.’s CFO Brian West said that planemaker’s goal of building 38 737 Max jets a month by year end will take longer due to the workers’ strike.

• Achieving 38/month on 737 will depend on duration of the strike: CFO
• Deliveries of 777, 787 models impacted by supply issues
  • Lower 777 deliveries due to engine supply issues, 787 impacted by seat shortages
  • Seat shortage keeping 787 below 5/month
• Boeing will take “necessary actions” to keep investment-grade rating: West
  • Too soon to predict free cash flow for 2024 and 2025 due to uncertainty over strike duration
  • “We are perfectly comfortable ...