At Los Angeles International Airport, a grounded Boeing 737 Max 9 aircraft sits, awaiting its next flight. Boeing is preparing to release its fourth-quarter results and address concerns about the impact of a recent midair incident involving one of its new 737 Max 9s. The aviation industry is eager to understand the potential long-term effects of this event.
While the financial implications of the accident may not be immediately evident in the upcoming earnings report, analysts are keen to hear how Boeing has fared in the last three months of 2023. They anticipate an adjusted loss per share of 78 cents and revenue of $21.1 billion.
Boeing’s CEO, Dave Calhoun, faces renewed pressure to restore the company’s reputation following the recent incident. This comes as he continues to navigate the aftermath of previous deadly crashes involving the Max. The aviation community, regulators, and the public are closely watching Boeing’s response to this latest challenge.
Source from www.cnbc.com