Boeing’s better-than-expected first-quarter results show Boeing burned nearly $4 billion in cash as the company grapples with a series of quality-control problems.
“The first step is to admit you got a problem and Boeing has been very forthright that it does know that it has problems and it has been slowing the production line at the 737 factory” , according to Jeremy Bogaisky, a Forbes senior editor who writes about aerospace companies.
However, where are broader industry challenges affecting both Boeing and its competitor, Airbus.
Watch the full interview above.
