Boeing‘s chief financial officer warned investors that the company will expend more cash than expected in the first quarter as the planemaker grapples with lawsuits and production delays.
Boeing is expected to spend between $4 billion and $4.5 billion, which is “higher than we originally planned back in January,” CFO Brian West told investors at a Bank of America conference on Wednesday.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.