Boeing loses USD 149 million in Q2 as the plane maker is pushing ahead with production increases
Boeing flipped to a USD 149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business.
The company plans to raise production of the 737 Max from 31 to 38 planes a month to take advantage of demand for newer, more fuel-efficient planes. Image Courtesy: Reuters.