Boeing posted a first-quarter net profit of $1.22 billion, down 9% from net income of $1.34 billion in the prior-year period, and reaffirmed guidance that full-year 2016 revenue and commercial aircraft deliveries will be slightly down from 2015. The manufacturer’s first-quarter revenue rose 2% year-over-year to $22.63 billion and operating profit was $1.79 billion, down 11% from operating income of $2.02 billion in the 2015 March quarter. The Commercial Airplanes unit’s ...

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