Investors hype as Boeing posts its first quarterly profit in two years

Published

3 years ago

July 29, 2021

Anthony Lucas

Aircraft maker, Boeing, has posted its first quarterly profit in almost two years

The boost is thanks to a revived domestic travel market fueled by 737 MAX deliveries.

Shares in the company rose 5% despite festering U.S.-China relations and depressed long-haul travel.

Thank you, @RobbReport, for the Best of the Best Award for the Boeing Business Jet 737-7 interior concept design by #MassariDesign.

🎥 Watch below to see the winning #BBJ interior concept from this top Italian designer. pic.twitter.com/1uWIzvh6iH
— Boeing Airplanes (@BoeingAirplanes) June 25, 2021

The 737 MAX is integral to Boeing’s financial recovery.

The U.S. planemaker is scrambling to recoup billions of dollars in lost sales from the pandemic and move beyond the safety scandal caused by two fatal 737 MAX crashes.

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