{"id":632379,"date":"2024-02-01T09:37:24","date_gmt":"2024-02-01T04:07:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632379"},"modified":"2024-02-01T10:12:55","modified_gmt":"2024-02-01T04:42:55","slug":"boeing-postpones-2024-outlook-ceo-says-company-has-much-to-prove","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-postpones-2024-outlook-ceo-says-company-has-much-to-prove\/","title":{"rendered":"Boeing postpones 2024 outlook, CEO says company has &#8216;much to prove&#8217;"},"content":{"rendered":"<p>Boeing Co has &#8220;much to prove&#8221; to regain the confidence of regulators and customers after a mid-air cabin-panel blowout on a 737 MAX aircraft, CEO Dave Calhoun said on Wednesday, adding that the planemaker will &#8220;go slow&#8221; as it faces a &#8220;serious challenge.&#8221; As expected, Calhoun did not offer a financial or delivery forecast for 2024, stating that the company must focus on delivering quality airplanes. <\/p>\n<p>The planemaker, however, reported a smaller quarterly loss and better-than-expected revenue and free cash flow, though investors are more likely to focus on the company&#8217;s expectations as it navigates the current crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co has &#8220;much to prove&#8221; to regain the confidence of regulators and customers after a mid-air cabin-panel blowout on a 737 MAX aircraft, CEO Dave Calhoun said on Wednesday, adding that the planemaker will &#8220;go slow&#8221; as it faces a &#8220;serious challenge.&#8221; As expected, Calhoun did not offer a financial or delivery forecast for 2024, stating that the company must focus on delivering quality airplanes. The planemaker, however, reported a smaller quarterly loss and better-than-expected revenue and free cash flow, though investors are more likely to focus on the company&#8217;s expectations as it navigates the current crisis.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-632379","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=632379"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632379\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}