Boeing expects to burn cash again in third quarter after wider-than-expected loss
Publishing timestamp: 2024-07-31 11:00:01
Summary
Boeing reported a bigger loss and weaker revenue than expected for the second quarter, with both its commercial and defense units facing challenges. The company also announced the hiring of a new CEO as it continues to struggle.
Sentiment: NEGATIVE
Tickers: BA,
Keywords: business, transportation, markets, business news, aerospace and defense industry, breaking news: markets, london, boeing co, earnings, breaking news: earnings, life, travel, airlines, united states, breaking news: business,
Source: https://www.cnbc.com/2024/07/31/boeing-ba-earnings-q2-2024.html