The Traderszone Network

Published in TZ Latest News 12 August, 2015 by The TZ Newswire Staff

Boeing sees strong jetliner demand; focus on cost-cutting

Boeing Co (BA.N) is still seeing strong demand for civilian aircraft and pressure to increase its production rates, despite concerns about slowing growth in China and several years of record aircraft orders. “We’re not seeing a slowdown in demand,” Chief Financial Officer Greg Smith said at an investor conference on Wednesday hosted by investment bank Jefferies. Cutting production costs on the 787 Dreamliner is a top priority at the Chicago-based company.