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Boeing's $36.2 Billion Korean Air Deal Won't Help Earnings Until the 2030s
Source: 247wallst.com
Transportation & LogisticsCompany FundamentalsCorporate Guidance & Outlook
Korean Air signed a $36.2 billion Boeing aircraft commitment extending into the next decade, reinforcing Boeing's record order backlog. The positive order headline is tempered by investor concern that Boeing must demonstrate it can resolve production and delivery constraints to convert its backlog into revenue and cash flow.
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