Boeing says top end of 2023 cash flow goal 'bit pressured'

Credit: REUTERS/Alwyn Scott

(Adds detail on 737 deliveries in paragraph 3, shares in paragraph 4)

May 25 (Reuters) - Boeing Co's finance chief said on Thursday the top end of its full-year free cash flow forecast was a "bit pressured", in part due to supply-chain problems at its ailing defense business.

However, the planemaker is keeping its 2023 free cash flow forecast of $3 billion to $5 billion, CFO Brian West said at a conference organized by Wolfe Research.

Boeing has also begun to deliver "reworked" 737 jets out of its inventory after a manufacturing snafu involving supplier Spirit AeroSystems Holdings Inc forced the planemaker to halt deliveries of some jets.

Boeing's shares were up about 1% after briefly turning negative on Thursday. (Reporting by Abhijith Ganapavaram and Shivansh Tiwary in Bengaluru; Editing by Shinjini Ganguli and Shounak Dasgupta) (( | Twitter:; +91-9019785574)) Keywords: BOEING OUTLOOK/ (UPDATE 1)

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