MAX Supplier Senior Expects Aero Revenue To Plummet 20% In 2020

737 MAX
Credit: Stephen Brashear / Getty Images
British aerostructures provider Senior warned investors on Jan. 31 that its aerospace revenue this year could drop 20% compared with last year due to the Boeing 737 MAX production halt. Operating margins will slip as well. Stock traders initially knocked off 10% of Senior’s stock price in response...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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