Boeing profit rises on commercial plane sales
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Boeing Co  said on Wednesday third-quarter profit rose, helped by higher deliveries of commercial planes.
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Boeing Co. on Wednesday topped Wall  Street expectations with a 78 percent jump in quarterly profit  on strength in its defense operations, and raised its earnings  forecast for 2004.
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The aviation-electronics company's shares are rising -- along with its profit projections.
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US aerospace giant Boeing raises its forecasts for the year after unveiling higher-than-expected profits.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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Boeing Co  said on Thursday it delivered 441 commercial aircraft in 2007, its best performance in six years and up 11 percent from 2006.
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Defense contractor Raytheon Co.  on Thursday reported higher fourth-quarter profit, helped by strong sales of its missile systems and other military electronics.
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Aerospace giant Boeing Co. reported a 78 percent jump in third-quarter earnings, buoyed by a strong defense business, and raised its estimate for full-year profits due to a favorable tax outlook.
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The airline said fourth-quarter net income rose to $111 million compared to a year-earlier profit of $57 million, But it warned that fuel costs in the current quarter will rise substantially.
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Ryanair, the Irish no-frills airline, said net profit rose 15 percent for the quarter to September, adding it was well-placed to combat the threat of record high oil prices and fierce competition.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its 787 Dreamliner.
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Defense contractor Raytheon Co.  on Thursday reported higher fourth-quarter profit, helped by higher revenue from its missile programs.
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Defense contractor Raytheon Co.   on Thursday reported higher fourth-quarter profit,  helped by higher revenue from its missile programs.
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Boeing Co  said on Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner.
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Boeing Co. BA.N said on Friday it  delivered 67 commercial airplanes in the third quarter, up two  from the same quarter a year ago.
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Boeing Co.  on Wednesday reported a higher third-quarter profit on revenue growth in its defense business and strong performance in its commercial aircraft building operations, and said it raised its earnings forecast for 2004.
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Boeing Co. on Wednesday topped Wall Street expectations with a 78 percent jump in quarterly profit on strength in its defense operations, and raised its earnings forecast for 2004.