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Boeing loses almost four billion dollars

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Boeing loses almost four billion dollars

The cash outflow from operations jumped to $3.93 billion, about five times as high as a year earlier, Boeing announced in Arlington. The group had expected a negative cash flow of up to 4.5 billion. The adjusted loss fell to $388 (same period last year: $440) million. The arms business, which had recently been in the red, provided some relief this time. Boeing shares rose 3.6 percent premarket because the loss was smaller than expected. “It could have been worse,” wrote analyst Robert Stallard of Vertical Research Partners. But Boeing still has serious problems to solve.

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