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home / news releases / BA - Hexcel: New CEO And Airplane Manufacturing Industry Woes

BA - Hexcel: New CEO And Airplane Manufacturing Industry Woes

The Boeing Company

2024-07-01 14:41:04 ET

Summary

  • Hexcel CEO transition adds risks, with new CEO Tom Gentile's past performance at Spirit AeroSystems raising concerns.
  • Airplane production remains pressured, with Boeing and Airbus dialing back production and no new airplane programs on the horizon.
  • Q1 earnings showed sales growth but profit falling, with challenges in the Industrial segment and declining margins impacting overall performance.

For further details see:

Hexcel: New CEO And Airplane Manufacturing Industry Woes
Stock Information
Company Name: The Boeing Company
Stock Symbol: BA
Market: NYSE
Website: boeing.com
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