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Airplanes and helicopters. Boeing reports first-quarter results

Significantly impacted by COVID-19 and the B-737 MAX aircraft grounding

Boeing reported yesterday the first-quarter results.The highlights are: Financial results significantly impacted by COVID-19 and the 737 MAX aircraft groundingRevenue of $16.9 billion, GAAP loss per share of ($1.11) and core (non-GAAP) loss per share of ($1.70)Operating cash flow of ($4.3) billion; cash and marketable securities of $15.5 billionTotal backlog of $439 billion, including over 5,000 commercial...

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AVIONEWS - World Aeronautical Press Agency