April 24 - The Boeing Company has issued its first quarter 2013 financial results, reporting revenues of USD18.9 billion - down three percent year-on-year over 2012.
However, net earnings for Q1 2013 stood at USD1.86 billion, up by five percent over the same period of 2012.
According to Boeing chairman, president and ceo Jim McNerney, its Commercial Airplanes division "worked around the clock to resolve the B787 battery issue while also successfully increasing production rates on the B737 and B777 programs", while the Defense, Space and Security division "continued to perform exceptionally well, meeting tough affordability goals while investing in future growth".
