Lifting-Off: Boeing has Reported a 78pc Rise in Profit

Summary


US aircraft giant Boeing yesterday reported a 78 per cent jump in third-quarter profit on strength in its defence and commercial aircraft building operations, and raised its earnings forecast for 2004.

Boeing - arch rival of European manufacturer Airbus - also raised its commercial plane delivery forecast for 2005 to 320, at the high end of its previous range, and held its estimate for 2004 deliveries steady at 285.

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Lifting-Off: Boeing has Reported a 78pc Rise in Profit

The Chicago-based maker ...

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