UPDATE 2-Boeing, suppliers slip as Wall St counts MAX halt costs
Shares of Boeing Co and its global
suppliers fell further on Tuesday as analysts began to tally the
cost of the U.S. planemaker’s decision to suspend production of
737 MAX jets in January, its biggest assembly-line halt in more
than two decades.
Analysts estimated Boeing could continue to burn around $1
billion a month despite the halt in work on what was previously
its best-selling plane,
suppliers fell further on Tuesday as analysts began to tally the
cost of the U.S. planemaker’s decision to suspend production of
737 MAX jets in January, its biggest assembly-line halt in more
than two decades.
Analysts estimated Boeing could continue to burn around $1
billion a month despite the halt in work on what was previously
its best-selling plane,
Posted by Reuters
