Boeing earned just over $6.2 billion in revenue from its Commercial Airplanes segment, down 48 per cent from last year, while its first-quarter operating margin in that segment plunged to -33.3 per cent due to lower delivery volume and abnormal produ ...
US aerospace major Boeing has stripped CEO Dennis Muilenburg of his dual role as Chairman in an unexpected shake-up at the highest ranks of the company amid the prolonged crisis of its 737 MAX aircraft that has been globally grounded following two fa ...