Chicago-based aircraft maker Boeing Co., whose 787 Dreamliner airplane is grounded and under investigation in the United States and Japan for battery issues, on Wednesday announced earnings that beat expectations.þþBoeing has halted deliveries of newly produced 787s until the Federal Aviation Administration lifts a ban on flying the jets. However, Dreamliner production continues.þþÿOur first order of business in 2013 is to resolve the battery issue on the 787 and return the airplanes safely to service with our customers,ÿ Boeing CEO Jim McNerney said in a statement.þþBoeing reported fourth-quarter profits of $1.28 per share, handling beating analyst expectation of $1.19 per share. Revenue was $22.3 billion, slightly below expectations of $22.36.
Source: Chicago Tribune
