SEATTLE, Wash. – Boeing’s flight path is calming after a turbulent couple of years.
The company is reporting its first quarterly profit in almost two years and revenue is beating Wall Street expectations.
It announced today that it earned $567 million in the second quarter, compared with a $2.4 billion loss a year ago.
That’s Boeing’s best quarter since late 2019, as it tries to dig out from the most difficult stretch in its history.
Boeing is delivering more planes to airlines as it digs out of the hole created by the pandemic and problems with the 737 Max.