By Dan Catchpole
(Reuters) -Boeing CFO Brian West said on Wednesday the company is concerned about how President Donald Trump’s tariffs will affect the availability of parts from its suppliers, although he said the U.S. planemaker has a large enough inventory for now.
West, who was speaking at a Bank of America industrials conference, also said the company was expecting to take a one-time hit of $150 million to its profit in the first quarter.
Tariffs likely will not dampen demand for the company’s jetliners, he said. Boeing has an order backlog of over 5,000, most of which are for its 737 MAX jet. Deliveries of the single-aisle jet in March should match February, when it delivered 32 of the jets, he said.
The company continues to make progress stabilizing 737 and 787 production, both of which have been dogged by quality and supply chain problems, West told investors.
(Reporting by Dan Catchpole in Seattle and Shivansh Tiwary in BengaluruEditing by Anil D’Silva and Frances Kerry)
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