The production shutdown of the Max announced by Boeing is clearly bad news not only for Safran, which is the supplier most exposed to this programme, but also for the whole aerospace industry as it puts pressure on the entire supply chain. The cash impact at Safran is likely to increase and the collection delay will continue.
18 Dec 2019
Halt of 737 Max production: what are the impacts?
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Halt of 737 Max production: what are the impacts?
Safran SA (SAF:WBO) | 0 0 1.4% | Mkt Cap: 37,132m
- Published:
18 Dec 2019 -
Author:
Luis Pereira -
Pages:
3
The production shutdown of the Max announced by Boeing is clearly bad news not only for Safran, which is the supplier most exposed to this programme, but also for the whole aerospace industry as it puts pressure on the entire supply chain. The cash impact at Safran is likely to increase and the collection delay will continue.