US-Based Aerospace Boeing Reported 13 Percent Fall In Quarterly Profit - TNBC USA

On Wednesday, Boeing has reported a lower first-quarter profit as the global grounding of its 737 MAX flight following two crashes hits results.

The US-based aerospace giant has alleged $2.1 billion in profits, down at 13.2 percent on the same time a year ago. It has also withdrawn its total year’s profit because of uncertainty regarding the Boeing 737 MAX.

More details are awaited.

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