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MarketScreener Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE)

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Boeing : 737 MAX 10 Makes its Debut

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11/22/2019 | 02:37pm EST

RENTON, Wash., Nov. 22, 2019 - Boeing [NYSE: BA] marked a key milestone as thousands of employees gathered for the debut of the first 737 MAX 10 at the company's Renton, Washington factory. During a ceremony, Boeing leaders highlighted the team's accomplishments and recognized their efforts in completing production of the newest member of the 737 MAX family.

'Today is not just about a new airplane. It's about the people who design, build and support it,' said Mark Jenks, vice president and general manager of the 737 program. 'This team's relentless focus on safety and quality shows the commitment we have to our airline customers and every person who flies on a Boeing airplane.'

The 737 MAX 10, the largest variant of the MAX family, can seat up to 230 passengers and offers the lowest seat-mile cost of any single-aisle airplane ever produced. The airplane will now undergo system checks and engine runs prior to first flight next year.

'I'm honored to take this airplane on its first flight and show the world what you've put your heart and soul into,' 737 Chief Pilot Jennifer Henderson told the employee crowd.

The 737 MAX 10 currently has more than 550 orders and commitments from more than 20 customers around the globe.


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Contact
Boeing Communications
312-544-2002
media@boeing.com

Disclaimer

The Boeing Company published this content on 22 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2019 19:36:03 UTC

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Financials (USD)
Sales 2019 80 590 M
EBIT 2019 1 988 M
Net income 2019 1 833 M
Debt 2019 17 249 M
Yield 2019 2,33%
P/E ratio 2019 120x
P/E ratio 2020 15,5x
EV / Sales2019 2,60x
EV / Sales2020 1,65x
Capitalization 192 B
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Number of Analysts 24
Average target price 384,05  $
Last Close Price 341,67  $
Spread / Highest target 52,5%
Spread / Average Target 12,4%
Spread / Lowest Target -15,1%
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Dennis A. Muilenburg President, Chief Executive Officer & Director
David L. Calhoun Non-Executive Chairman
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Executive Vice President
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