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Stock impact report

Boeing won't be returning to 'normal' anytime soon [CNNMoney.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNNMoney.com
Boeing won't be returning to 'normal' anytime soon New York (CNN Business) Boeing's assembly lines will lurch to a start next week, building commercial aircraft for the first time since its Washington state assembly shut down a month ago. But the utter collapse of demand for air travel means its airline customers may not need those jets -- and might not even accept them. "If you're an airline today, your last focus these days is buying airplanes, your primary focus is survival," said Ron Epstein, aerospace analyst with Bank of America Merrill Lynch. News that Boeing plans to resume production helped lift its shares 14% Friday. But it doesn't change the fact that so far this year Boeing has had four times as many orders for new jets canceled -- 196 -- as it has booked new orders. Another 160 orders have been deferred and are no longer counted in its backlog of orders. And while most of the canceled planes are Boeing's troubled 737 Max, which has been grounded since March 2019 fo Show less Read more
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