Boeing's Q1 earnings drop

Boeing's revenue and earnings fell in the first quarter as the company dealt with its beleaguered 737 Max jet.

Revenue dipped 2% to $23 billion, while net income decreased 21% to $1.98 billion.

"Our attention remains on driving excellence in quality and performance and running a healthy sustained growth business built on strong, long-term fundamentals," CEO Dennis Muilenburg said, noting the company is working to return the 737 to service and re-earn "the trust and confidence of customers, regulators and the flying public."

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