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Boeing in loss for the first time in 5 years

Seattle, Usa - Because of the space satellite division

For the first time in 5 years, the Us aeronautical constructor Boeing registered a huge loss (USDbn 1,25 in 2002 first quarter). According to the Seattle-based industry, the main cause of these gloomy results should be put down to the Chicago-based space satellite division. On the other side in fact, commercial plane division showed to be fastly recovering thanks to the plan of both 30.000 job cuts...

AVIONEWS - World Aeronautical Press Agency - 26752

AVIONEWS - World Aeronautical Press Agency
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