Ray Conner

Boeing is Reporting $569 Million Loss and Scaling Down Its 747 Production

Boeing will report a $569 million after-tax accounting loss in its fourth quarter. The company will also reduce production of its 747 airplane starting September this year..

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Boeing feels strong pressure to increase 737 jet output

Ray Conner, chief executive of Boeing Co's (BA.N) commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets.

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