YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Boeing posted a first-quarter net loss of $641 million.
The company has experienced difficulty selling planes in a market that's seen travel slow to a near halt amid the coronavirus pandemic.
Company officials also announced plans to reduce payroll by 10%. Production of some aircraft, including the 787 Dreamliner, is being decreased.
Read more from CNBC.
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