GE to halve 737 MAX engine deliveries but raises cash target

January 29, 2020 admin Business News Comments Off on GE to halve 737 MAX engine deliveries but raises cash target

General Electric Co plans to slash 737 MAX engine deliveries to Boeing Co roughly in half this year but set higher cash target for 2020 as it reported quarterly profit and cash flow that beat analysts’ estimates on Wednesday.

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Source:: Reuters – Business News