Boeing announces million-dollar losses after plane maker hit by safety scandals
Plane maker Boeing lost $355 million (€332 million) in revenue and spent almost $4 billion (€3.7 billion) cash in the first three months of 2024, according to its performance report, released on Wednesday. This means that Boeing spent nearly $4 billion more in cash than it generated from its operations and other sources during that period. The data is reflective of the manufacturer's increasing concerns, as it faces intense scrutiny over the safety of its planes. While a growing number of whistleblowers are coming forward with complaints against the group, Boeing's CEO has said its focus is on...