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    BA   US0970231058

BOEING

(BA)
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Delayed Nyse  -  04:00 2022-12-05 pm EST
185.10 USD   +1.22%
11:12aBoeing Delivers Two All-Digital Satellites to SES
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10:32aIn A High Interest-rate World, Improving Inventory Performance Should Be A Priority
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Exclusive-Boeing does not expect FAA approval for MAX 10 before summer 2023 -letter

10/03/2022 | 08:44pm EST
Aerial view of Boeing planes

WASHINGTON (Reuters) - Boeing Co does not anticipate winning approval from the Federal Aviation Administration (FAA) for the Boeing 737 MAX 10 before next summer, according to an agency letter sent on Monday.

Boeing faces a December deadline to win approval of the 737 MAX 7 and 10 variants or it must meet new modern cockpit-alerting requirements, unless Congress extends the deadline.

"With regard to the 737-10, Boeing's current project plan timeline has the 737-10 receiving an amended type certificate no sooner than summer 2023," the FAA said in a letter to Senator Roger Wicker, the top Republican on the Senate Commerce Committee, according to two sources who read portions of the letter to Reuters.

The FAA, Boeing and Wicker's office declined to comment.

(Reporting by David Shepardson; editing by Christian Schmollinger)


ę Reuters 2022
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Financials (USD)
Sales 2022 66 231 M - -
Net income 2022 -3 819 M - -
Net Debt 2022 40 917 M - -
P/E ratio 2022 -28,6x
Yield 2022 -
Capitalization 109 B 109 B -
EV / Sales 2022 2,26x
EV / Sales 2023 1,79x
Nbr of Employees 142 000
Free-Float 58,8%
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Technical analysis trends BOEING
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 23
Last Close Price 182,87 $
Average target price 192,26 $
Spread / Average Target 5,13%
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Managers and Directors
David L. Calhoun President, Chief Executive Officer & Director
Nicole R. Nason Vice President-Federal Affairs for Aviation
Brian J. West Chief Financial Officer & Executive Vice President
Lawrence W. Kellner Non-Executive Chairman
Gregory L. Hyslop Chief Engineer, EVP-Engineering, Test & Technology
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