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Programme delays damage Boeing’s 3Q2009 results, order deferrals accelerating – Suppliers Share Wrap

Analysis

Boeing's shares dropped 2.4% in trading yesterday, as the company announced a USD3.6 billion charge to its 3Q2009 results related to reclassification of costs associated with the B787 and more delays to the B747-8 development programme (which was already in a loss position).

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