Boeing reveals Q3 results with 8 pct proceeds expansion


(MENAFN) On Wednesday, Oct. 27 the Boeing Company announced 2021's third-quarter proceeds of USD15.28 billion, an 8 percent rise against the corresponding period last year, steered by higher commercial airplanes and services volume.

The firm stated its generally accepted accounting principles (GAAP) loss per share of USD0.19 and core loss per share (non-GAAP) of USD0.60.

The firm’s Commercial Airplanes third-quarter proceeds jumped to USD4.5 billion primarily steered by higher 737 deliveries, partly offset by lower 787 deliveries.

In commercial airplane programs, Boeing delivered 85 airplanes during the July-September period of this year, a rise of 204 percent from 28 airplanes in the corresponding period of 2020. The year-to-date delivery hit 241, comprising seven 737s to China's ICBC Leasing.

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