Boeing Sees Massive Cash Drain as 737 Max Episode Takes a Toll

"Boeing's cut to its free cash flow guidance is an overdue recognition of the situation it is in, but we still worry that it is being overly optimistic."

By Julie Johnsson | March 21, 2024 at 09:58 PM

Photo: A worker walks near Boeing 737 fuselages outside the Boeing Co. manufacturing facility in Renton, Washington.

Boeing Co. predicted a massive cash drain for the first quarter as regulatory scrutiny and slower output of its 737 Max jetliner following a January midair accident take their toll on its finances.

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News

1 Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

2 Fed’s Focus Has Returned Firmly to Inflation

3 Fed Lowers Interest Rates by a Quarter Point

4 Fabricating a Treasury Function from Scratch to Support an $18 Billion Business

5 U.S.–Euro Rates Gap Is Set to Widen Again

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Fed’s Focus Has Returned Firmly to Inflation

By Craig Torres | December 19, 2024

Policymakers don’t expect to reach their 2% inflation goal until 2027, so “from here on out, it is going to be much harder to get rate cuts without much further improvement on inflation.”

Fed’s Focus Has Returned Firmly to Inflation

Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

By Lynn Cavanaugh | December 19, 2024

Employees of Seattle-based Weyerhaeuser Company filed a class-action lawsuit over the transfer of plan assets to Athene Annuity & Life Assurance, alleging a breach of fiduciary duty, according to law firm Schlichter Bogard.

Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

Fed Lowers Interest Rates by a Quarter Point

By Amara Omeokwe | December 18, 2024

However, officials reduced their expected number of rate cuts for next year from four to two.

Fed Lowers Interest Rates by a Quarter Point

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