Boeing reports another loss, says 2021 'inflection point'


Source: techxplore.com techxplore.com

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Latest Boeing loss shows drag of pandemic, production problems by John Biers Boeing reported another quarterly loss but said coronavirus vaccines and the return of the 737 MAX to service meant it was at an "inflection point" Boeing lost money for the sixth consecutive quarter as production issues dragged down revenues, but on Wednesday pointed to signs of an uneven airline industry recovery as Covid-19 vaccines become more widespread. The aerospace giant has been in crisis mode since March 2019 when regulators grounded the MAX for 20 months following two deadly crashes, but cited the United States and China as...