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As Boeing burns through $3.8 billion in cash it exposes a painful truth for investors: right now it can’t make planes fast enough to turn a profit
Boeing's big problem is that it's a huge fixed cost manufacturer that's not making nearly enough commercial airplanes to pay for all those buildings and people, let along generate a profit.
Boeing Makes a Management Change. It Could Be Key to Profitability.
In the six years prior, operating profit amounted to about $50 billion from almost 4,500 planes delivered. Boeing’s ...