Boeing Posts $355 Million Loss


by www.kxl.com

www.kxl.com— (Associated Press) – Boeing said Wednesday that it lost $355 million on falling revenue in the first

Fortune—After shrugging off a $355 million first-quarter loss, Boeing has to slog through the mud of fresh allegations it retaliated against workers. Two Boeing engineers said their poor—and identical—performance reviews were the company lashing out over their raised safety concerns.

Honolulu Star-Advertiser—Boeing loses $355 million in latest quarter. Boeing said today that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.

KSBW—Boeing to pay $443 million to airlines for Max 9 grounding as losses and problems mount. Boeing reported a slightly smaller loss in the first quarter compared to the same time a year ago, but said fixing the problems that got attention after the Alaska Air incident will push back its financial recovery.