Newsdeck

Newsdeck

URGENT: Boeing reports $234 mln loss after unexpected costs 

Boeing reported a second-quarter loss Wednesday due to elevated costs for an Air Force contract and for commercial air production as it confirmed its full-year commercial plane deliveries targets.

The US aerospace giant lost $234 million for the quarter ending June 30. The negative earnings followed $2.1 billion in unexpected charges that were announced last week.

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