Boeing reported 2006 net income of $2.22 billion, narrowed from $2.57 billion in the prior year, but pointed to a doubling of fourth-quarter net income to $969 million and a 33.2% surge in annual revenue for its Commercial Airplanes unit to $28.47 billion as evidence of "a very good year" and reason to boost its earnings guidance for 2007 and 2008. Total company revenue for 2006 was $61.53 billion, up 14.8% over $53.62 billion in 2005. Expenses rose 12.1% to $50.44 billion and earnings from ...

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