Business

Boeing reports steep drop in 2020 deliveries, backlog

Boeing on Tuesday reported a plunge in annual plane deliveries and a diminished order backlog as it contended with dual crises caused by the 737 MAX grounding and the travel industry downturn brought about by COVID-19.

Business

Boeing reports big loss, signals more job cuts

Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, and signaled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic.

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