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Boeing deliveries of new planes slumped in April

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Boeing deliveries of new planes slumped in April, as the company worked to fix an electrical-grounding problem on some 737 Max jetliners

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Boeing says it delivered 17 planes in April, including just four Max jets. CEO David Calhoun had warned investors about the light Max shipments last month. The slow pace of deliveries hurts Boeing’s cash generation because airlines and other customers usually pay a large part of the purchase price at delivery.

 

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