UPDATE 2-GE still sees $1.4 billion cash cost from Boeing 737 MAX grounding in 2019
General Electric Co
still expects the grounding of Boeing Co’s 737 MAX
jetliner to reduce its cash flow by $1.4 billion in 2019,
provided the aircraft remains grounded all year, GE Chief
Executive Larry Culp said during a conference call on quarterly
earnings on Wednesday.
still expects the grounding of Boeing Co’s 737 MAX
jetliner to reduce its cash flow by $1.4 billion in 2019,
provided the aircraft remains grounded all year, GE Chief
Executive Larry Culp said during a conference call on quarterly
earnings on Wednesday.
Posted by Reuters
