Boeing slashes losses as CEO touts 'our turnaround year'
135d ago
Business
CNBC

Boeing reported a significant reduction in its quarterly losses, driven by increased sales attributed to a rise in aircraft deliveries. The company delivered the highest number of airplanes since 2018, signaling a potential turnaround after facing numerous challenges in recent years. CEO Dave Calhoun emphasized the company's progress, calling it 'our turnaround year.' While challenges remain, the improved financial results and increased deliveries suggest that Boeing is making strides towards recovery and regaining its position in the aerospace industry. The results offer a glimmer of hope for the company and its stakeholders.