Boeing reported net income of $5.18 billion for the full-year 2015, down 5% from a net profit of $5.45 billion in 2014, as significant one-time charges related to two programs—the KC-46 tanker and the 747-8—hit the bottom line. Boeing president and CEO Dennis Muilenburg, however, pointed to a “solid core operating performance” driven by “record deliveries and revenues in commercial airplanes.” He added that Boeing is “well positioned for profitable ...

Subscribe to Access this Entire Article

"Boeing’s 2015 net profit falls 5% on tanker, 747-8 charges" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.