Boeing Company (NYSE:BA) shares are trading lower on Wednesday. On Tuesday, the company reported that it delivered over 33 aircraft to customers in September amid the disruption to manufacturing operations.
RBC analyst Ken Herbert says that despite the strike, the 27 MAX deliveries in September are viewed as a slight positive.
The analyst anticipates a significant drop in Boeing’s October deliveries due to the ongoing IAM strike, which began on September 13th, halting production of the 737, 767, and 777 models.
Read: Boeing Says ‘Further Negotiations Do Not Make Sense’ After Striking Workers Force S&P To Place Planemaker’s Credit Rating On Negative Watch
Initially, investors expected 400-450 MAX aircraft deliveries for ...
