Boeing 1Q net profit up 20% to $1.12 billion

Credit: Courtesy, Boeing
Boeing earned first-quarter net income of $1.12 billion, up 20% over a net profit of $923 million in the 2012 March quarter. Revenue did decline 3% year-over-year to $18.89 billion as the suspension of 787 deliveries in mid-January offset higher 737 and 777 deliveries. First-quarter operating profit...

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