Boeing net losses widen to $1.4bn

Boeing’s net losses widened in the second quarter of the year to $1.4bn, a significant difference from its net loss of $149 million in last year’s second quarter. It reported on July 31, 2024, a loss per share of $2.33, widening from last year’s 25 cent loss per share in the second quarter.  The company’s revenues were down 15% in the quarter to $16.9bn from $19.8bn last year. Boeing’s first half revenues were also down 11% compared to the same period last year to $33.4bn. Second quarter operating cash flow swung to a negative $3.9bn from a positive $2.9bn a