Boeing shares fell after Reuters exclusively reported on Apr. 5 that the world’s largest planemaker was studying slowing production due to the continued grounding of its 737 MAX airliner. Boeing later confirmed the production cut. Shares in European suppliers to Boeing continued to fall broadly on Apr. 8, dragging the overall UK market lower, as investors digested the cutback.
Reuters exclusively reports Boeing studies 737 MAX output slowdown among scenarios; market reacts
05 April 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa