Boeing shares rose 7% after it confirmed it was temporarily closing wide-body jet production due to the coronavirus crisis. This confirmed a Reuters report that it was leaning towards a suspension of production, after which Boeing shares had already risen around 4%. It was the second time in days that Reuters broke key production news after Airbus confirmed it was also pausing production â€“ news that pushed the planemakerâ€™s shares down 9%. Reuters had exclusively reported it was looking at halting output.
Reuters exclusively reports coronavirus impact on Boeing, Airbus
19 March 2020, 12:00 am. 1 minute
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