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October 29, 2021

Boeing Reports 3rd Quarter Results

Boeing Took $1B Hit on Dreamliner Problem, Expects 737 MAX Production Increase

The Boeing Company has reported a third-quarter profit of $15.3 billion, reporting higher commercial airplane sales and service volume amidst an improving economy. Though the company seems to have suffered a decade’s worth of bad luck in less than a year, the outlook is fairly positive, with strong sales interest and service agreements. Boeing says progress on the global return to service of their 737 MAX is smooth, likely helped along by rumors that Chinese authorities may authorize it once again in the coming months. Since the FAA gave approval for the aircraft to hit the skies in the U.S. in November 2020, Boeing has delivered almost 200 MAXes with about the sa

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