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0.000122286762457853 0.000611433812289785 0.00122286762457957 0.00214001834301433 0.00360745949250996 6.11433812289264E-05 -0.00299602568022017 -0.00397431977988386
Stock impact report

Southwest Air Slows Growth as Boeing Trims Jet Deliveries [BNN Bloomberg (Canada)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
challenges” in 2024 and 2025 created after Boeing Co. again reduced the number of aircraft the carrier will receive this year. Southwest is now set to get 20 Boeing 737 Max 8 planes in 2024, down from 46 previously, the airline said in a statement Thursday that also included first-quarter financial results that fell short of Wall Street's expectations. The shares tumbled 8.3% at 6:40 a.m. before the start of regular trading in New York. It's the third such reduction by the planemaker since January. The steps illustrate the toll that the Boeing crisis is having on one of its leading customers — one known for flying an all-737 fleet. Southwest earlier stopped hiring for multiple work groups, including pilots and flight attendants, and said it would end the year with 2,000 fewer employees than in 2023 as a result. With Boeing slowing output because of manufacturing-quality concerns, Southwest has been “urgently” focused on finding more ways to lower costs and improve efficiencies Show less Read more
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