Boeing Turnaround Gathers Steam as Net Loss Narrows Sharply in 1st Quarter

Date:

The Boeing logo is displayed outside company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesBoeing CEO Kelly Ortberg’s aggressive turnaround plan announced in early 2026 appears to be taking hold, as the Arlington, Virginia-based aerospace manufacturer reduced its net loss by 77 percent in the quarter ended March 31.Boeing on April 22 reported a net loss of $7 million in the first quarter versus a net loss of $31 million in the same quarter of 2025.

spot_imgspot_imgspot_img

Share post:

More like this
Related

LIVE NOW: Canadian Red Carpet Premiere of UNBROKEN: The Untold Story of Shen Yun

LIVE NOW: Canadian Red Carpet Premiere of ‘UNBROKEN: The...

Chinese Student Arrested for Allegedly Photographing Planes at US Military Base

The U.S. District Court for the Eastern District of...

Ford Recalls 140,000 Ranger Pickups Over Sun Visor Wiring Fire Risk

Ford Ranger pickup trucks are shown for sale in...

Wall Street Strength Persists as Iran Conflict Fails to Dent US Profits

Stocks‘The market has flipped the script. The rally caught...