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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Boeing Co | NYSE:BA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-6.19 | -3.57% | 167.30 | 174.07 | 167.76 | 171.76 | 8,248,756 | 00:59:18 |
--Declining demand has led Boeing Co. (BA) to consider cutting back on production of its 787 Dreamliner, Bloomberg reported Friday, citing "people familiar with the matter."
--Boeing may cut production on the jet to 10 a month from the current 12, the report said.
--A company spokesman said, "We will continue to assess the demand environment and make adjustments as appropriate in the future," according to the report.
Full story: https://www.bloomberg.com/news/articles/2020-01-24/boeing-weighs-another-cut-to-787-output-in-new-threat-to-cash
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 24, 2020 12:55 ET (17:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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