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Boeing loses $425 million but plans production boost for Max

Por: WPLG Local 10 Politics April 26, 2023

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Boeing lost $425 million in the first quarter — more than Wall Street expected — but said Wednesday that it plans to boost production of its best-selling plane later this year.Revenue rose 28% from a year earlier, as airlines scooped up new jets to meet rising travel demand.The company also stood by its forecast of producing $3 billion to $5 billion in cash flow this year.Shares of Boeing jumped about 4% before the opening bell Wednesday.CEO... + full article



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