Boeing Reports Quarterly Loss Of $343 Million Amid Safety Troubles

Boeing reported a first-quarter lack of $343 million at present. (Representational)

New York:

Troubled aviation big Boeing reported a first-quarter lack of $343 million on Wednesday, reflecting current security troubles which have slowed manufacturing and deliveries.

Boeing stated it tempered manufacturing within the 737 program following a January near-catastrophic incident on an Alaska Airways jet. The corporate is implementing a “complete motion plan” following a federal audit of this system, Boeing stated.

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