SEATTLE: Boeing Co, battered by the slump in the airline industry and a US$1.1bil charge in its satellite business, has reported a net loss for a second consecutive quarter.
The world’s largest aircraft maker also trimmed its forecast for commercial jet deliveries next year and repeated a warning that demand from struggling airlines was not likely to recover before 2005.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!