Boeing financial problems summarised in two sentences:
"Between 2010 and 2018, Boeing increased its operating cash flow from $3 to $15.3 billion, sustaining its share price, by negotiating advance payments from customers and delaying payments to its suppliers. This strategy is sustainable only as long as orders are good and delivery rates are increasing."
#aviation #Boeing #wikipedia
https://en.m.wikipedia.org/wiki/Boeing
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Leszek (lpryszcz@genomic.social)'s status on Wednesday, 01-Jan-2025 03:40:34 JSTLeszek