U.S.-based aircraft giant Boeing posted a net loss of $355 million in the first quarter of 2024.
In a statement, Boeing said its revenue, including products and service sales, dropped by 7.5% to $16.6 billion year-on-year in the January-March period.
The company’s loss from operations totaled $84 million.
The firm’s revenues from commercial aircraft sales amounted to $4.65 billion, while defense, space and security earnings totaled $6.95 billion.
Global services’ revenues also totaled $5 billion in the three-month period.
The firm delivered 83 commercial aircraft-67 units of 737, three units of 767 and 13 units of 787 type planes.