Boeing Profit Falls 21 Percent

Boeing Co., the Chicago-based airplane manufacturer, reported a 21 percent drop in quarterly revenues.
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Boeing Profit Falls 21 Percent
Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Air Show in Hampshire, England on July 18. (Ben Stansall/Getty Images)
7/28/2010
Updated:
10/1/2015

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/BUSINESs102956802.jpg" alt="Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Air Show in Hampshire, England on July 18. (Ben Stansall/Getty Images)" title="Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Air Show in Hampshire, England on July 18. (Ben Stansall/Getty Images)" width="320" class="size-medium wp-image-1816880"/></a>
Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Air Show in Hampshire, England on July 18. (Ben Stansall/Getty Images)
Boeing Co., the Chicago-based airplane manufacturer, reported a 21 percent drop in quarterly revenues from a year ago, the company said on Wednesday. The company earned $787 million in profit, or $1.06 per share, exceeding analyst expectations.

Boeing’s shares have increased in recent months as the global economy eased out of a recession and airlines worldwide reported higher revenues on fuller jets and increased demand. Boeing hopes to make first deliveries of its next-generation jetliner 787 by the end of the year, which is already more than two years behind schedule. Two weeks ago, the company said that unforeseeable delays could even push the first delivery, which is scheduled to go to Japan’s All Nippon Airways, into 2011.