Planemaker beat lowered expectations but still burned billions in response to crisis and reported first revenue drop in seven quarters
Boeing burned through nearly $4bn in the last quarter as it scrambled to contain a safety crisis unleashed by a mid-flight blowout of a cabin panel on a brand-new 737 Max 9 jet.
The US planemaker has been left reeling by the incident in January, which raised questions about its bestselling commercial plane, and warnings from a whistleblower about other sections of its production line.
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