Boeing reported a smaller-than-expected loss for the first quarter, with improvements across its businesses, including its key commercial aircraft unit, as the manufacturer tries to stem years of losses. Here’s how Boeing performed in the first quarter, compared with analysts’ estimates compiled by LSEG: Loss per share: 20 cents adjusted vs. a loss of 83 cents expectedRevenue: $22.22…
Shorouk Express The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US UPS and FedEx have grounded dozens of MD-11 cargo planes at Boeing’s recommendation, following a deadly UPS…
Shorouk Express A Boeing plane was forced to divert moments after take off as bright flash sparked in the sky. Flight DE3665, bound for Düsseldorf, took off from the island of Corfu before it was diverted to Brindisi, Italy, on 16 August. Footage shows a bright flash on the right-hand side of the aircraft in…
Shorouk Express DOJ cancels hundreds of grants for police, crime victims The U.S. Justice Department is terminating grants totaling $811 million for a wide range of services to crime victims, including trauma recovery centers and sign language interpretation, two sources familiar with the matter told Reuters. The grants were worth $811 million at the time…
