Author: Euronews

The aircraft manufacturer beats Wall Street expectations but still finds itself in crisis mode after a mid-flight cabin panel blowout in January. ADVERTISEMENTPlane maker Boeing lost $355 million (€332 million) in revenue and burned through almost $4 billion (€3.7 billion) in cash in the first three months of 2024, according to its performance report, released on Wednesday.This means that Boeing spent nearly $4 billion more in cash than it generated from its operations and other sources during that period.The data is reflective of the manufacturer’s increasing concerns, as it faces intense scrutiny over the safety of its planes.While a growing…

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