The world’s largest aerospace company spent its year working to reclaim the ground it lost during its centennial. It has plenty to show for it: $94.6 billion in revenue and $76 billion in net new orders. Still, the reclassification of costs for two 787 Dreamliner flight-test airplanes, tough decisions around 747 production (slow sales led to unsold aircraft), and higher costs on developing models weighed on operating performance. Low oil prices have also relaxed customers’ need for new, fuel-efficient models. Still, reviving interest in the F/A-18 Super Hornet sparked by none other than President Trump may help revive the company’s fighter jet business.
Looking for leads, investment insights, or competitive intelligence?
News about Boeing
The commercial plane was headed for the scrapheap
But doubts remain over the future of its flagship A380.
It appears to have crashed into the sea following a malfunction in the latter stages of its ascent.
They join a host of companies pledging payouts or training.
The deal would be a major shakeup in the aviation world.