Boeing posts an adjusted loss in the 2nd quarter

The American aircraft and aerospace manufacturer Boeing announced an adjusted loss in the second quarter due in particular to charges related to its ailing defense and space unit.

The loss, a basic 37 cents per share in the quarter ended June against a profit of 40 cents per share a year earlier, comes as the US operator faces the repercussions of labor constraints. and supply chain disruptions.

However, Boeing remains on track to generate free cash flow this year and is in the “final stages” of preparing to restart 787 Dreamliner deliveries, Boeing Chief Executive Dave Calhoun said in a letter. to employees.

In addition, Boeing announced in early July the delivery of 51 planes in June, bringing its total for the first half to 216 jets, an increase of 38% compared to the same period last year.

June deliveries topped the 50 mark for the first time since March 2019 and included 43 Boeing 737 MAX aircraft, which is recovering from a nearly two-year-old safety crisis.

These deliveries include six wide-body commercial freighters but, for the 12th consecutive month, no 787 Dreamliners. Deliveries of the long-haul jet have been halted for a year as Boeing and regulators grapple with production issues.

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