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wowclassicgold1 wrote 15 articles and got 0 comments. The last article was submitted on 03/10/21

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12.Aug.20, 10:58; Icon 137; Date 0; Attitude +0 | 0 | -0

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The article never really says. It may seem like I did a lot of complaining, but I want to reinforce that this article was very helpful. Thank you.Long story short: apart from esoteric TIMs, all pastes are practically as good as any other for typical uses when applied correctly.

Boeing Co (NYSE:BA) has scrapped its outlook for 2019 after the grounding of its 737 MAX range of aircraft in March sent costs soaring.The aircraft maker reported a 21% drop in earnings in its results for the first quarter, while the grounding of its bestselling aircraft and a stoppage of deliveries racked up US$1bn in extra costs. Revenues dipped 2% to US$22.92bn, lower than analysts had predicted.The company has also cut production of the 737 MAX to 42 aircraft each month from 52 previously and halted its share buybacks, adding that it would issue new earnings forecasts when it had more clarity around the issues facing the aircraft model and the potential costs of fixing them.READ: Boeing bows to pressure and grounds all 737 MAX's after US bars aircraftBoeing's problems began when a litany of countries began grounding the aircraft following two fatal crashes less than six months apart in Ethiopia and Indonesia.While the company had been initially reluctant to ground its own planes, it finally bowed to pressure in mid March after the US aviation regulator barred the plane from American airspace after new information had shown "some similarities" between the crashes.The causes of the two accidents have not yet been confirmed, however there is speculation that it may be due to a fault in the stability computer that helps keep the plane in the air.Boeing's share price has also taken a hammering in the wake of the groundings, falling around 14% since the start of March.The issues are also causing a headache for airlines like TUI AG (LON:TUI), which has been forced to ground the 15 737 MAX aircraft in its fleet, while budget carrier Ryanair Holdings PLC (LON:RYA) could face issues with the 110 MAX planes it currently has on order to expand its fleet.Record breaking 2019 "increasingly unlikely", says analystMichael Hewson, chief market analyst at spread better CMC Markets UK, said that while Boeing's commercial aircraft business had been expected to surpass its record of 806 aircraft deliveries last year and hit 900 in 2019, that target now looked "increasingly unlikely".He added that the MAX, which currently makes up around 30% of Boeing's profits, was likely to see its contribution to the firm's income "significantly reduced" as a result of the incident."The likelihood of the plane getting back in the air anytime soon has diminished in recent weeks, due to the enormous brand damage recent events have done".The company said EPS came in at $3.58, topping the consensus of $3.47 and last year's $2.72. Revenue hit $25.1 billion, racing past the $23.986 billion expectation and last year's $24.31 billion.The company's total backlog rose to $491 billion, including more than 5,800 commercial airplanes valued at $413 billion.
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