Boeings financial woes continue, while families of crash victims urge US to prosecute the company The Associated Press

Image for article Boeings financial woes continue, while families of crash victims urge US to prosecute the company  The Associated Press
News Source : Associated Press

News Summary

  • Boeing lost $355 million on falling revenue in the first quarter
  • CEO David Calhoun said the company is in “a tough moment,” and its focus is on fixing its manufacturing issues, not the financial results
  • About a dozen relatives of passengers who died in the second crash met with government officials for several hours Wednesday
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety [+6878 chars]

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