Boeing stock is under pressure and leading the broader markets lower after Flyadeal canceled Boeing Co’s (NYSE:BA) MAX units order.
American multinational plane manufacturing giant has been in turmoil for many months now after 737 MAX jets have been grounded by airlines all over the world following two fatal crashes. Moreover, the company is still awaiting clearance from the authorities in the United States and in other parts of the world for the particular model.
Major Boeing BlowConsidering the fact that the 737 MAX is one of the biggest contributors to its revenues, ...
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