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Calhoun Sees 2021 As “Inflection Point” For Recovery; Boeing Posts Losses, Lower Sales

Cal Biesecker By
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Calhoun Sees 2021 As “Inflection Point” For Recovery; Boeing Posts Losses, Lower Sales
Boeing President and CEO Dave Calhoun. Photo: Boeing

Boeing [BA] on Wednesday reported lower losses in its first quarter amid signs of a recovery in commercial aerospace and the company’s defense business posted strong results, largely driven by the KC-46A aerial refueling aircraft for the Air Force. “While the global pandemic continues to challenge the overall market environment, we view 2021 as a key inflection point for our industry as vaccine distribution accelerates and we work together across government and industry to help enable a robust recovery,” Boeing…

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