Boeing Reports Quarterly Loss Of $343 Million Amid Safety Troubles
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
![Boeing Reports Quarterly Loss Of $343 Million Amid Safety Troubles](https://c.ndtvimg.com/2023-01/g0jo0p78_boeing-747_625x300_31_January_23.jpg?#)
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Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
Boeing said it tempered production in the 737 program following a January near-catastrophic incident on an Alaska Airlines jet. The company is implementing a "comprehensive action plan" following a federal audit of the program, Boeing said.
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