ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Boeing vows to up cash bounty even if 777 output gets cut
Bloomberg Boeing Co. will remain a cash-generating juggernaut even if weak demand forces deeper production cuts to the 777 jetliner, a crucial source of profit, Chief Executive Officer Dennis Muilenburg said. Cash flow will increase next year and in 2018 as the Chicago-based planemaker fills a record backlog of orders and reaps its first profits from the 787 Dreamliner, ...
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