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technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. Losses continued to mount for Boeing, as the supply chain problems caused higher-than-expected losses.

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technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. Since thegrounding of the 737 Maxin March of 2019, followingtwo crashesthat killed 346 people, Boeing has reported only one quarterly profit without the help of special items.

technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. The loss was worse than the forecast of a $1.07 a share from analysts surveyed by Refinitiv. And those analysts don’t expect a near-term end of the red ink at Boeing, with another loss forecast for the current quarter. Wall Street expects only narrow profits in the second half of the year, which are expected to leave Boeing with an annual loss for the fifth-straight year.

technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. The company disclosed earlier this month that a “significant number” of737 Max jets in productionhad been affected by a “non-standard manufacturing process” by one of its suppliers which would affect near-term deliveries and production.

But Boeing reaffirmed its earlier guidance that it expects have a positive cash flow this year, and said it expects to build 38 737 Max jets a month later this year, and to deliver 400 to 450 of the planes.

Company executives said, despite these latest problems with the 737 Max, its financial results show progress for the company, because its loss is smaller than its loss from a year earlier.

“We continue to make real progress, steady progress in our recovery,” said CEO Dave Calhoun. “Challenges remain. There’s more to do. But overall, we feel good about the operational and financial outlook.”

Calhoun insisted both Boeing and its supplier Spirit AeroSystems(SPR)know how to fix the problems that were discovered with the 737 Max assembly and that there is no risk to the planes that are already in operation. But he confirmed that deliveries will be delayed in the coming months, which will affect the ability of some Boeing customers to fly the full schedule of flights they had intended this summer.

But the Max is not the only plane for which Boeing is trying to recover from problems. The 787 Dreamliner had deliveries halted for about a year due to quality control issues and only resumed deliveries in September. The company booked $379 million in increased costs for the 787 program in the first quarter along with an undisclosed amount of compensation to airline customer which had deliveries delayed. It also still has some of the 787 Dreamliners that need modification in its inventory.

Boeing traditionally has not had inventory of completed planes, delivering them and receiving payment soon after completing assembly. But it has been stuck with unusually high inventory numbers ever since it continued production of the 737 Max during its 20-month grounding. It still has 225 of the Max in inventory, with 138 of those planes awaiting delivery to China.

technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. While Chinese aviation authorities are again allowing the 737 Max to fly there, Chinese airlines have yet to accept delivery of any of those planes. The rising trade tensions between the United States and China haveessentially shut Boeing outof that key market for several years now.

technical analysis: kirloskar pneumatic company limited (505283) ✌️【Part-Time Trading】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. Still despite all the continued problems and bigger than forecast loss, Boeing(BA)’s assurances on cash flow and full-year 737 Max deliveries helped lift shares of Boeing(BA)3% in midday trading.

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