San Antonio Post
SanAntonioPost.com Tuesday 7th September 2010 Volume 8/250
  • More Breaking Business News

  • Lesser demand for British cars
  • Pilots needed in busy Asian market
  • Prius becomes top-selling car in Japan
  • Key Asian interest rates put on hold
  • Brazilian investment firm buys Burger King
  • UN wants to protect all oceans
  • Troubled Kabul bank could be in for bail out
  • Market reacts badly to China Strategic announcement
  • Australian bank warns of profit drop
  • Cost cutting in Dubai leads to shabby standards
  • With election coming up Obama talks economy
  • Potential mergers explored by BA boss
    Get Breaking Business News headlines emailed to you daily.

    Boeing profits down while expectations rise
    San Antonio Post
    Thursday 29th July, 2010  


    Aircraft giant Boeing its net profit for the April through June quarter was down due to a fall in plane deliveries.
    Aircraft giant Boeing has revealed its net profit for the April through June quarter was down due to a fall in plane deliveries.

    The firm delivered only 114 commercial aircraft during the second quarter, down from 125 a year earlier.

    While the net quarter was $787 million, higher than analysts had expected, it was still down 21% on the same period last year.

    The company has assured the market that its remains well positioned for growth in 2011 with its commercial markets in recovery mode.

    This month, Boeing received a $9.1 billion order from Emirates and another from RBS Aviation Capital for 43 of its 737 aircraft.

      Email this story to a friend

    Have your say on this story

    Your nickname (optional)
    Message