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Does ‘if it ain’t Boeing, I ain’t going’ ring true anymore? The Independent’s travel correspondent Simon Calder examines the problem-hit company
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
The plane maker burned through nearly $4 billion in the most recent quarter as fallout from the Alaska Airlines midair accident exacted a financial toll.
Boeing stock jumped at the opening bell on Wednesday after the company reported earnings and revenue for its first quarter that beat estimates.
Witnesses at a US Senate hearing on Boeing drew a disturbing picture Wednesday of an aviation giant that blows off safety questions and sidelines critics as it chases faster production