Boeing’s revenue and net income up
By SwizStick • May 1st, 2007 • Category: Airlines, QuickNewsVia Air Cargo News:
Revenue rose eight per cent to US$15.4 billion. Net income grew by 27 per cent to $877 million. Earnings from operations rose 36 per cent to $1.3 billion, yielding an 8.5 per cent operating margin.
Look for Boeing’s overall picture to only get better once delivery of their many new orders starts to take place over the next few years. That’s provided, of course, that they don’t run into any production problems or delivery delays that crippled Airbus.
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