BOEING

BOEING posted $641m net loss for 1Q20 (vs $2.1b net profit in 1Q19) on 26% lower revenues (48% lower Commercial Airplane revenues). It is reducing 787 production from 14 to 10 per month in 2020, then to seven by 2022, and 777/777X production to three per month in 2021; 737 MAX production will resume...

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