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Boeing recorded a quarterly core operating profit of $755 million, up from a loss of $3.32 billion last year. The company had reported six consecutive quarterly losses following the grounding of ...
Boeing’s core operating profit was $755 million in the second quarter, compared with a loss of $3.32 billion a year earlier. Revenue rose 44% to about $17 billion.
Boeing reported its first quarterly profit since 2019 and its revenue topped expectations as the giant aircraft maker tries to dig out from the most difficult stretch in its history. Boeing earned ...
Boeing Co. BA -1.77% reported its first quarterly profit in nearly two years and said it needs orders from China to participate fully in a stronger-than-expected recovery in air travel.
On Tuesday, Boeing competitor Lockheed Martin said its third-quarter profit fell 28 percent. At Boeing's defense, space and security unit, revenue fell 6 percent to $8.18 billion for the quarter.
Boeing cut thousands of jobs over the past year and a half as it dealt with the grounding of its 737 Max airliner and the pandemic, which cut airlines’ demand for new planes. Boeing planned to ...
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