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ATI

Allegheny Technologies

$27.45 /

+0.86 (+3.23%)

, BA

Boeing

$391.97 /

-4.02 (-1.02%)

07:36
04/08/19
04/08
07:36
04/08/19
07:36

ATI to maintain current production schedule for 737 MAX, LEAP 1-B

Allegheny Technologies (ATI) affirmed that it anticipates maintaining its current production and shipping schedules for all materials and components supplied to the Boeing (BA) 737 MAX and CFM LEAP 1-B programs during the recently announced temporary aircraft production slowdown scheduled to begin in mid-April 2019. "We are in daily contact with our key customers and we will continue to reliably meet our supply commitments that support their production schedules for the 737 MAX, LEAP 1-B and other major aerospace programs," said Robert Wetherbee, President and CEO. "We continue to prioritize operational and delivery reliability to allow our partners to focus on mitigating the impact of this production adjustment without concern. We have full confidence in Boeing and its global engine supply chain to continue building on momentum gained over the last year to meet the historic ramp up for this important aircraft."

ATI

Allegheny Technologies

$27.45 /

+0.86 (+3.23%)

BA

Boeing

$391.97 /

-4.02 (-1.02%)

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ATI Allegheny Technologies
$27.45 /

+0.86 (+3.23%)

02/14/19
Fly Intel: Top five analyst initiations
02/14/19 Macquarie
Allegheny Technologies initiated with an Outperform at Macquarie
12/06/18 Berenberg
Allegheny Technologies initiated with a Buy at Berenberg
11/06/18
Allegheny Technologies upgraded to Buy following channel checks at Longbow
BA Boeing
$391.97 /

-4.02 (-1.02%)

04/08/19 Cowen
Cowen keeps Boeing at Outperform, cuts price target to $460 on 737 rate cut
04/08/19 Canaccord
Boeing's 737 rate reduction reflects greater uncertainty, says Canaccord
04/08/19 Canaccord
Spirit AeroSystems downgraded to Hold from Buy at Canaccord
04/08/19 BofA
BofA Merrill downgrades Boeing to Neutral on signs of longer 737 delay

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Earnings
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