Boeing Net Up, but Outlook Is Curbed by Delays on 787
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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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AMR Corp.&#39;s American Airlines, the world&#39;s largest carrier, delayed the deliveries of 54 Boeing Co. planes to save $2.7 billion in spending over the next six years.
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Boeing Co  on Wednesday pushed back the first test flight of its new 787 Dreamliner to a range of mid-November to mid-December, about three months later than originally planned, putting pressure on its tight schedule to deliver the first plane in May next year.
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U.S. blue chips edged higher on Monday, helped by a gain in Boeing Co. , but disappointing earnings outlooks from printer maker Lexmark Inc.  and others limited the market's advance.
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U.S. blue-chip stocks rose on Wednesday after Boeing Co.  posted a stronger-than-expected quarterly profit and boosted its outlook, but jitters over the Federal Reserve's impending statement on rate policy prevented a broader advance.
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Boeing Co. on Wednesday posted an 84 percent drop in quarterly profit on charges related to two aircraft programs, but it beat forecasts and said it sees stronger growth through 2006.
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There&#39;s not much of 2004 left, but officials at aerospace giant Boeing Co. said Thursday they weren&#39;t giving up on a goal of securing 200 orders for the planned new 7E7 jetliner by the end of the year.
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Sales of commercial aircraft boost profits at the US plane manufacturer Boeing as military sales fall.
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Boeing Co.  on Wednesday  reported a higher-than-expected second-quarter profit compared  with a year-ago loss, and raised its full-year forecast as it  ramped up delivery of its hot-selling commercial planes and  defense sales remained strong.
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Boeing profits jump in the third quarter but the firm says delays to its new Dreamliner will hurt sales in 2008.
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US aerospace giant Boeing raises its forecasts for the year after unveiling higher-than-expected profits.
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Boeing Co. on Wednesday posted an 84  percent drop in quarterly profit on charges related to two  aircraft programs, but it beat forecasts and said it sees  stronger growth through 2006.
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U.S. stocks rose on Wednesday after  the Boeing Co.'s BA.N results beat forecasts and the Federal  Reserve raised rates by a quarter-percentage point, keeping its  pledge to tighten credit at a measured pace.
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LE BOURGET, France  - Boeing's  closely watched 787 Dreamliner plane is up to four months behind schedule, according to a JP Morgan analyst note circulated on Monday.
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Boeing Co  said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft, as the three-year aerospace boom continues.
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Boeing says that the first test flight of its 787 Dreamliner has been delayed by about three months.
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CHICAGO : Aerospace giant Boeing reported a 78 percent increase in third-quarter profit on Wednesday and gave an upbeat forecast for the rest of 2004 and into 2005.