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Boeing shares jump as CFO says plane maker’s cash burn is easing | Global News Avenue

Boeing workers are in the gate below the image of the Boeing 737-800 aircraft as Boeing’s 737 factory team maintained a “quality stand” on the first day of the 737 show “Quality Booth” held in Renton, Washington on January 25, 2024.

Jason Redmond | AFP | Getty Images

BoeingThe airline giant’s financial head said Wednesday that the company’s cash burn is easing this quarter and its factories are improving.

Boeing shares jumped 6% in morning trading after optimistic comments from Chief Financial Officer Brian West.

“We think our start to this year is a good start,” West said at the Bank of America investor meeting.

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