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Boeing Begins Rebound, Turns A Profit On Higher Sales

Cal Biesecker By
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Boeing Begins Rebound, Turns A Profit On Higher Sales
Boeing President and CEO Dave Calhoun. Photo: Boeing

It’s been a miserable two years for Boeing [BA] following the fatal crashes of two of its customers’ 737 MAX passenger jets in late 2018 and early 2019, which led to production shutdowns, losses and dramatically reduced sales, not to mention a pandemic that dramatically constrained global air travel and exacerbated its woes, but on Wednesday the company showed it is on the way back, posting strong sales and a profit in the second quarter as it increases aircraft deliveries…

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