Boeing sees 'healthy' jet market as deliveries unleash cash

Chicago

BOEING Co reassured investors that the aerospace market remains robust after raising its full-year profit forecast amid rising jetliner deliveries and a slowdown in 787 Dreamliner costs.

The results on Wednesday showed Boeing's factories are operating in high gear, and the shares rose. Investors have been seeking evidence that there isn't glut of new planes and that expenses for the 787, the world's first jet built chiefly of composite materials, are finally under control four years after its tardy commercial debut.