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Boeing absorbs high costs of tardy jetliners

Published Fri, Jul 22, 2016 · 09:50 PM

Chicago

BOEING Co said that it expects to report a US$2.1 billion after- tax accounting loss for the second quarter as it absorbs the costs from programmes with well-publicised stumbles: the 787 Dreamliner, the 747-8 jumbo jet and a refuelling tanker for the US Air Force.

The largest blow is related to the Dreamliner, Boeing's carbon-fibre j…

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