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IPFS News Link • Transportation: Air Travel

Boeing Tumbles After "Another Dreadful Quarter"

• Zero Hedge

Another quarter, another dismal report from the deadly company best known for making airplanes such as the 737-MAX which was "designed by clowns, who are in turn supervised by monkeys."

Three months after Boeing stock jumped when it unexpectedly reported its first positive cash flow since March 2019 despite another huge 787 charge, things are back to normal at the scandal-plagued jet maker and weapons giant, which has tumbled as much as 4% after reporting that adjusted free cash flow once again turned negative, and was worse than analysts' projections  with revenues also missing badly.

Here is what Boeing just reported, which as usual, was disappointing from top to bottom.


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