Boeing Loses $355 Million in First Quarter Amid Mechanical Problems

Boeing Loses $355 Million in First Quarter Amid Mechanical Problems
The Boeing logo is displayed on Boeing buildings in El Segundo, Calif., on Jan. 8, 2024. Mario Tama/Getty Images
Jen Krausz
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Aerospace giant Boeing reported a loss of $355 million in the first quarter on Wednesday amid reported mechanical problems that resulted in the door blowout of a 737 Max 9 in January.

The loss represented an 8 percent decline year over year, with revenue of $16.6 billion during the period.

Jen Krausz
Jen Krausz
Freelance News Writer
Jen Krausz is a freelance news writer for NTD. She has been writing for the last decade for Newmax and other outlets. When not writing, she enjoys traveling, reading, spending time with her family, and gardening.