Boeing’s CEO has moved to reaffirm that the company will not suffer financial fallout from the grounding of its 737 Max jets. CEO Dennis Muilenberg has stated that uptake would not slow the world’s largest planemaker’s appetite for deals in the higher-margin aircraft services sector (aircraft parts, maintenance and analytics). Muilenberg claimed that the company plans to expand the services business to $50 billion in revenue in a decade from its 2018 revenue of about $17 billion. He commented: “We have the financial capacity to manage the Max situation and continue to make our investments for the future. “Our ability
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