Boeing posts $1.2 billion loss in Q1, worse than expected
The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, Tuesday, July 13, 2021. Boeing is reporting a money-losing quarter as both its civilian-airplane division and the defense business are struggling. Boeing said Wednesday, April 27, 2022, that it lost $1.24 billion in the first quarter and took large write-downs for several programs. (AP Photo/Richard Drew, file)
By DAVID KOENIG
AP Airlines Writer
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses...
Become a Subscriber!
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
