Boeing Turns Profitable As CEO Promises An End To Job Cuts

[Dana7360]

This is good news.

It's a start. For both the aerospace industry and the airline industry.

I went to Hawaii at the end of June and returned this month. Going there the lines were long. Same when I got to Kahului. Long lines. Then when we went to another island more long lines at the airport. Coming home more long lines at the airport. Both of the islands we went to were packed with people. I have never seen so many people on both of those islands and I've been going to Hawaii since the 1980s.

People are traveling. They aren't doing as much international traveling since borders are still closed but they are traveling within the country again.

It's more indication that we are starting to recover from the mess trump left.

Boeing turns profitable as CEO promises an end to job cuts

For the first time since the fall of 2019, Boeing eked out a net profit last quarter, surprising Wall Street investors. CEO Dave Calhoun, in a message to employees Wednesday, spoke of stability ahead and an end to job cuts.

www.seattletimes.com

 

[SassyIrishLass]

Lol

 

[SassyIrishLass]

Who was POTUS in 2018?

Boeing's 2018 profit hits $10.5bn as production soars

A record number of aircraft deliveries and a rapidly expanding aircraft services business lifted Boeing's net profit up 24% year-on-year in 2018 to $10.5 billion.

www.flightglobal.com

 

[Concerned American]

It's more indication that we are starting to recover from the mess trump left.

Get back to me on that in two weeks, after CCP Joe mandates masks and vaccines because of spikes in the Delta variant. Lockdowns are coming sonny.

 

[Oddball]

Sell enough bombs and military hardware with obsolescent parts, and anyone can turn a profit!