What Happened
Plane Maker Sees 14 Percent Sales Jump In First Quarter
Boeing reported a significant increase in commercial jet deliveries and sales in the first quarter, despite some delays due to wiring issues with the 737 MAX. The company’s sales jumped 14% to $22.2 billion, with commercial jet deliveries rising 10% to 143 planes. Growth in the defense and space segment also contributed to the sales increase. The results beat analysts’ estimates, according to a report by The Wall Street Journal.