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0.000927152317880893 0.000529801324503394 -0.000529801324503206 0 0.00145761589403975 0.0162913907284769 0.0198675496688742 0.0198675496688742
Stock impact report

Another Blow for Boeing as GE Cancels 737 Max Orders [The Motley Fool]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: The Motley Fool
GE Capital Aviation Services (GECAS), a unit ofGeneral ElectricNYSE:GEBoeing Co.NYSE:BA0 order cancellationsEarlier this week, GE withdrew its 00 financial guidance and announced plans tofirm up its financial positionDanaher Corp.NYSE:DHRThe 69 canceled aircraft list for between $6.9 billion and $9. billion prior to customer discounts, according toBNN BloombergImage source: Getty Images.GECAS President and CEO Greg Conlon said that the order change is to adjust its fleet to better match current global demand. Even with the cancellation, GECAS maintains 9 of the Max aircraft in its fleet, with 8 more remaining on order. "We remain fully committed to the 77 MAX program and our valuable, long-term partnership with Boeing," Conlon said.Yesterday, Boeing announced a plan to restart production it had suspended due to the pandemic at its Puget Sound facility, including work on the 77 Max program. Show less Read more
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