Boeing Q2 Losses Plummet; Deliveries Soar
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Boeing's second-quarter results show a significant improvement, with losses reduced to $176 million compared to $1.09 billion a year prior. Revenue surged 35% to $22.75 billion, exceeding expectations. The increase in aircraft deliveries, now at their highest since 2018, signals a positive turnaround for the company. CEO Kelly Ortberg attributes the improvement to focused efforts on safety, quality, and stability, aiming for a complete turnaround by 2025.
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