Business

Mired in crisis, Boeing reports another loss

Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.

Aerospace

Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space. Aerospace is a very diverse field, with a multitude of commercial, industrial and military applications.

Aerospace is not the same as airspace, which is a term used to describe the physical air space directly above a location on the ground. "Aerospace" can be understood as the combination of aeronautics and astronautics.

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