Transportation
Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target
- Planemaker reverses cash-flow projection in another blow
- Boeing shares plunge most in four months in New York trading
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Just months after ending a five-year hiatus, Boeing Co. has again stopped delivering airplanes to customers in China, a fresh roadblock in the company’s push to restore its battered reputation.
The halt stems from requests by the Civil Aviation Administration of China for additional information related to batteries used in cockpit voice recorders, Boeing’s Chief Financial Officer Brian West said at a Wolfe Research conference Thursday.