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Boeing sees 2021 as a turning point, despite another loss

Boeing posted a net loss of $US561 million for the first quarter of 2021 but chief executive David Calhoun sees 2021 as a turning point.

The company’s sixth consecutive quarterly loss was an improvement on last year’s first-quarter net loss of $US641 and included a $24 million loss attributable to a non-controlling interest.

Revenue fell 10 percent to $US15.22 billion and was in line with analysts’ expectations.

READ: DELTA reintroduces curbside check-in as it boosts seats.

“While the global pandemic continues to challenge the overall market environment, we view 2021 as a key inflection point for our industry as vaccine distribution accelerates and read more ⇒

Source:: AirlineRatings.Com

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