Boeing Says Ukraine Tensions Creating ‘Adverse Climate’ for Business

Boeing Says Ukraine Tensions Creating ‘Adverse Climate’ for Business
The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, N.Y., on July 13, 2021. Richard Drew/AP Photo
Reuters
Updated:

Boeing Co. said on Monday the ongoing tensions between the United States and Russia over Ukraine were creating an “adverse climate” for its business and threatening to disrupt its supply chain.

Boeing relies heavily on Russia’s VSMPO-AVISMA for the supply of titanium, a lightweight metal that is used widely in planemaking.