Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

SeattlePI.com

Published

Boeing is reporting a $355 million loss for the first quarter. But the CEO said the results announced Wednesday aren't the most important thing right now for Boeing. That's fixing its manufacturing problems, which have been in the spotlight since a door plug blew out of an Alaska Airlines Boeing jetliner in January. The company is under increasing scrutiny from regulators and faces accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun says Boeing is in “a tough moment,” but he's confident it will recover.

Full Article