Examples of forward-looking statements include statements relating to our future financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. By having highly competitive and efficient body of engineers, the company has the potential to develop the most effective and fuel-efficient aircrafts, resulting into its products becoming economical for commercial airlines (Vasigh et al, 2009).Another weakness that could potentially harm Boeing is their asset/debt ratio. In this case, one of the main crisis events that Boeing Company should anticipate is the currently soaring fuel prices. Regarding Boeing’s product strategy, I think answers are irrelevant without a “how to fix Boeing’s entire culture” strategy, and a “show that we’ve done that” strategy. According to Vasigh et al (2009), the vision statement of Boeing Company is ‘People working together as a global society for aerospace leadership’.According to Collopy (2004), the introduction of the company’s commercial aircraft 707 in the year 1958 was a great success since the company continued leading in the entire industry for commercial aircraft. More so, the variety of products offers the company larger customer base, increasing its profitability largely.This goal should be implemented through the most competitive outsourcing engineers across the globe. Air travel has always proven to be resilient - and so has Boeing."The tables provided below reconcile the non-GAAP financial measures core operating loss, core operating margin, and core loss per share with the most directly comparable GAAP financial measures, loss from operations, operating margin, and diluted loss per share. Boeing are in a complete mess. All Rights Reserved.The Boeing Archives Presents Video SeriesBoeing Defense, Space & SecurityAdditional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.To align to the sharp reduction in commercial market demand in light of COVID-19, the company is taking several actions including further adjusting commercial airplane production rates and reducing employment levels.Commercial Airplanes has further updated its production rate assumptions this quarter to reflect impacts of COVID-19 on its demand outlook, and will continue to assess them on an ongoing basis.
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