Boeing’s Commercial Aircraft Division Posts Nearly SEK 7 Billion Quarterly Loss

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Boeing’s Commercial Aircraft Division Posts Nearly SEK 7 Billion Quarterly Loss
Photo: Lindsey Wasson/AP/TT

The loss in the third quarter for the company’s most important business area, commercial aircraft, was significantly lower than last year but still almost twice as high as equity analysts had expected.

The American company Boeing has reported huge losses for several years following a number of safety scandals and aircraft crashes.

However, the group’s defense division is profitable, according to the quarterly report.

Total revenue rose 4 percent to $24.2 billion.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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