Boeing Says It Can’t Set 2024 Financial Goals Amid 737 Max Woes
Boeing has announced that it is unable to provide financial targets for 2024 due to ongoing issues with its 737 Max aircraft, which was grounded for nearly two years following two fatal crashes that killed 346 people. The company's CEO has stated that the Max's return to service, as well as the timing and impact of regulatory actions, continue to create uncertainty that makes it difficult to predict future financial results. Boeing's decision to withhold financial guidance for 2024 is a departure from its typical practice of providing such guidance to investors.