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UK's Senior warns of hit to aerospace revenue, margins from MAX grounding

FILE PHOTO: The Boeing logo is displayed on a screen at the NYSE in New York
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(Reuters) - Britain's Senior Plc , which makes parts like airframes and engine build-up tubes for Boeing Co's 737 MAX jets, said on Friday revenue and margins at its aerospace division will decline in 2020 because of the MAX grounding.In November, the engineering company warned that revenue would be lower, although it did not mention by how much. It believed at the time that margins would remain..
Date Published: Jan 31, 2020
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