Boeing turns first quarterly profit in nearly two years
Al Jazeera
Things look like they are turning around for beleaguered aerospace giant Boeing after it reported its first quarterly profit in nearly two years.
Boeing reported its first quarterly profit since 2019 and revenue topped expectations as the giant aircraft maker tries to dig out from the most difficult stretch in its history. Boeing earned $567m in the second quarter, compared with a $2.4bn loss a year ago. Industry analysts had expected a sizeable loss and shares of Boeing Co jumped 5 percent before the opening bell on Wednesday.More Related News