Boeing’s Losses Shrink, Deliveries Soar
Boeing posted a first-quarter net loss of just $31 million—down from $355 million a year ago—as revenue jumped 18 percent to $19.5 billion. Deliveries of 130 jets, nearly 60 percent higher, and tighter cost controls calmed Wall Street after years of safety scandals and cash burn. The planemaker also secured hard-to-find fasteners after a supplier fire, averting another assembly halt.
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