Americas

Boeing to Reduce 747 Production Rate, Recognize Fourth-Quarter Charge

  • Share this:
Boeing to Reduce 747 Production Rate, Recognize Fourth-Quarter Charge

Boeing will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. To account for the market and production impacts, the company will recognize a $569 million after-tax charge ($0.84 per share) when it announces financial results for the fourth quar...

Page content restricted for non-members!

Become a member!