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Boeing posted a decline in quarterly revenue, but beat expectations. The company reported cash expenses lower than analysts' estimates.

Ana-Maria Tapescu
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25 April 2024, 06:14
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International
Foto: Igor Golovnov / Alamy / Alamy / Profimedia
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The drop in Boeing's quarterly earnings comes amid slowing production of 737 MAX airplanes after a door panel on one exploded. The company faces serious challenges in its commercial airplane division, and the slow pace of deliveries could delay financial and production targets.

Sources

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News.ro
Boeing a raportat miercuri prima scădere a veniturilor trimestriale din ultimele şapte trimestre
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France24
Business - Crisis-hit Boeing reports quarterly revenue drop
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independent.co.uk
Boeing reports $355m losses amid furore over safety fears
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CNN
Boeing losses, problems continue to mount
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France24
Mired in crisis, Boeing reports another loss
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Economedia
Boeing a raportat prima scădere a veniturilor trimestriale din ultimele şapte trimestre

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NEWS ON THE SAME TOPICS

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Boeing reported a net loss of 428 million dollars in Q2, smaller than in the same period last year. Expenses for presidential planes affected the results.
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Boeing is required to pay 29 million dollars to the family of a man who died in the crash of Ethiopian Airlines' 737 MAX 8 in 2019.
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Boeing maintains its forecast for aircraft demand over the next 20 years, despite the conflict between the USA and Iran.
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American authorities are checking 1,800 Boeing 737 MAX aircraft for fuselage cracks
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The Farnborough Airshow brought the first orders for Boeing and Airbus
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Tesla's revenues increased by 26% in the second quarter, reaching 28.24 billion dollars, however, net profit decreased by 17%, to 1.15 billion dollars.
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