Loss for Boeing; Pegasus A320neo delivers

Boeing has posted its first quarterly loss in nearly seven years. The US$234 million loss posted yesterday for Q2 2016 came on the back of write-downs totaling US$3 billion including a US$1.2 billion write-down before taxes on its 747-8 program. It also wrote down the two 787 test aircraft that it was going to re-fit for sale, while losses also came from the military KC-46 Pegasus Tanker program after problems were found during test flights. Is this the end for the 747-8? Boeing will have to make a decision at speed as investors are making-up their minds with the institutional