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Dreamliner defects see analysts slash Boeing outlook

Leading aviation analysts at New-York-based Bernstein have slashed their outlook for Boeing as the company grapples with widening manufacturing defects affecting hundreds of its 787 Dreamliner aircraft.

The defects stopped 787 deliveries in November as Boeing reviewed its manufacturing plants and the manufacturer reportedly delivered just one aircraft in December.

A worsening outlook for the 787 prompted Bernstein in its latest report to downgrade Boeing stock to underperform and slash its price target from $US221 to $US199 per share.

READ: World’s top 20 COVID-19 compliant airlines.

The issue is another blow to Boeing after it a horror run prompted by two fatal crashes read more ⇒

Source:: AirlineRatings.Com

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