![]() Boeing withdrew its guidance for 2019 following the second crash with the Boeing 737 MAX and has not returned to the practice of providing guidance ever since. There is a lot of interesting stuff that is also worthy of discussion, but the cash flow really was something that stood out. In this report, I want to discuss the cash flow guidance that Boeing provided. So, the timing of recognizing the cost made sense. Not doing so would cast doubt on the projections provided during the Investor Day if Boeing were forced to recognize further cost growth in the future. In a previous report, I pointed out that The Boeing Company ( NYSE: BA) had recognized cost growth on its fixed-cost Defense program in anticipation of its Investor Day, which took place on the 2nd of November. Kristian1108/iStock Unreleased via Getty Images ![]()
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