American aircraft manufacturer Boeing made a loss of 123 million dollars (approximately 1.2 billion kronor), which was better than expected. During the same period last year, the loss was 343 million dollars.
Revenues landed at 19.5 billion dollars, also slightly higher than analysts' expectations of just under 19.4 billion. The stock is rising 3-4 percent in early trading.
The company management is reiterating earlier statements about increasing aircraft production further ahead, according to the quarterly report.
Strikes and plane crashes involving Boeing planes have plagued the heavily pressured aircraft manufacturer in recent years. On top of that, the American trade war is now risking repercussions on Boeing's sales abroad in general and to China in particular.
CEO Kelly Ortberg confirms in an interview with CNBC that Chinese airlines have stopped deliveries of Boeing planes as part of the trade war with the USA.
