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Boeing has returned to the game after six losing quarters in a row

Boeing has returned to the game after six losing quarters in a row

Boeing has returned to the game after six losing quarters in a row
Yazar: Tom Roberts

Yayınlanma: 28 Temmuz 2021 21:42

Güncellenme: 22 Kasım 2024 00:54

Boeing has returned to the game after six losing quarters in a row

The US aviation giant Boeing has surprisingly returned to the game after six losing quarters in a row. For the months of April to June, the bottom line was a profit of 567 million dollars (480 million euros), as the US rival of the European Airbus group announced in Chicago. A year earlier, Boeing had made a loss of 2.4 billion dollars for the medium-haul jet 737 Max due to the Corona crisis and the flight bans that were still in force around the world at the time. Analysts had expected a minus this time as well. The share rose sharply before the trading day. The Group's sales also increased significantly. At just under $ 17 billion, it was 44 percent higher than a year earlier. In the commercial aircraft business, Boeing continued to be in the red, although the division's operating loss decreased significantly. The armaments and space division was able to increase its result strongly. "We made further important progress in the second quarter," said Boeing CEO Dave Calhoun. The group continues to keep a close eye on the corona development, but is positioning itself for a "robust recovery" in air traffic. Boeing wants to increase the production of its bestseller 737 Max in view of the increased demand. The monthly production rate is expected to increase from currently only 16 to 31 pieces by the beginning of 2022, as the company has now announced. However, Boeing also has a lot of catching up to do. Arch-rival Airbus has hurried further and further in the past few years - for comparison: the Europeans currently build around 40 jets of their rival A320 family jets per month. Airbus wants to increase the number to 45 by the end of 2021 and then continue to do so.
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