Boeing CFO worries about tariffs affecting parts availability
Boeing's Chief Financial Officer, Brian West, shared concerns about the impact of tariffs on the availability of parts from suppliers. He spoke at a conference and noted that while the company currently has a sufficient inventory, issues could arise due to these tariffs. West indicated that Boeing expects a one-time profit hit of $150 million in the first quarter. Despite this anticipated financial impact, he emphasized that demand for Boeing jetliners remains strong, with a backlog of over 5,000 orders, largely for the 737 MAX. Deliveries of the 737 MAX in March are expected to be similar to February's deliveries, when Boeing shipped 32 jets. West also mentioned that the company is working to stabilize production for the 737 and 787 models, which have faced quality and supply chain challenges.