Record quarter for Boeing

Boeing has reported a 3% increase in fourth quarter revenue to $24.47 billion; full year revenue rose by 5% to $90.762bn. Commercial Airplanes fourth-quarter revenue increased 15% to a record $16.8 billion on higher delivery volume and mix. Fourth-quarter operating margin was 9.3%, reflecting higher planned period costs and the dilutive impact of 787 deliveries partially offset by the delivery volume, Boeing said. Earnings per share for quarter beat estimate with a 23% increase to $2.31 – full year EPS was up 22% to $8.60. Commercial Airplanes booked 432 net orders during the quarter with a record 1,432 orders in