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Boeing reports US$234m loss after unexpected costs

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Boeing reported a second-quarter loss Wednesday due to elevated costs for an Air Force contract and for commercial air production as it confirmed its full-year commercial plane deliveries targets.

[NEW YORK] Boeing reported a second-quarter loss Wednesday due to elevated costs for an Air Force contract and for commercial air production as it confirmed its full-year commercial plane deliveries targets.

The US aerospace giant lost US$234 million for the quarter ending June 30. The negative earnings followed US$2.1 billion in unexpected charges that were announced last week.

AFP

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