Boeing's CEO explained Wednesday that the corporate will get started furloughing "a sizable amount" of staff to preserve cash during the strike by union machinists that started previous week.

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“However, with creation paused throughout many key plans during the Pacific Northwest, our enterprise faces considerable worries and it is vital that we acquire complicated actions to preserve cash and make certain that Boeing can efficiently Get better,” he said.

assertion of cash flows cumulatively for The existing financial year to this point, using a comparative statement with the comparable yr-to-day duration of the quickly preceding monetary yr

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