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| July 24, 2003 | Thursday | Jumadi-ul-Awwal 23, 1424 |
Boeing suffers $192m net loss
CHICAGO, July 23: Boeing Corp took a hefty loss in the April-June quarter and warned that civil aviation is unlikely to recover until 2005.
Boeing reported a net loss of $192m, or 24 cents a share, in the three months to June 30 — a smaller loss than the 43 cents expected by Wall Street analysts.
That compared to the year-earlier net profit of $779m, or 96 cents a share.—AFP
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