Boeing Reports Net Loss Of $178 Million For 1997

Staff January 28, 1998

Boeing Chairman Phil Condit said yesterday the company lost $178 million in 1997 on record sales of $45.8 billion. Condit attributed the loss, Boeing's first in 50 years, to a pretax charge of $1.4 billion related to the Douglas aircraft line and production inefficiencies on other commercial...

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Boeing Reports Net Loss Of $178 Million For 1997

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