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Boeing Closes In on Airbus With Best Delivery Quarter Since 2018

Investing.com Logo Investing.com By Leo Miller
Boeing Closes In on Airbus With Best Delivery Quarter Since 2018

Boeing reported its strongest quarterly aircraft deliveries since 2018, delivering 160 planes and increasing revenue by 30%. Despite challenges with the 777X program, the company is showing signs of recovery, narrowing the gap with Airbus in commercial aircraft production.

Insights
BA   neutral

Mixed performance with strong delivery numbers and revenue growth, but ongoing challenges with 777X program and negative earnings per share