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Boeing “in a tough moment” CEO Calhoun concedes in quarterly fiscal statement
April 25th 2024
Boeing booked losses of US$355 million in the first quarter of this year. Read More » During the three months, the company slowed production of its 737 family to 38 aircraft a month in response to U.S. regulatory scrutiny. “Near term, yes, we are in a tough moment. Lower deliveries can be difficult for our customers and for our financials. But safety and quality must and will come above all else. We are absolutely committed to doing everything we can to make certain our regulators, customers, employees and the flying public are 100% confident in Boeing,” CEO Dave Calhoun said.