Boeing posts profit; UK removes quarantine for EU US vaccinated travellers

Boeing has posted a surprise profit for the second quarter of 2021, with a core operating profit of $755 million compared with a loss of $3.32bn in the prior year period. Revenues were up to $17.0bn, driven by higher commercial airplanes and services volume. Operating cash flow improved to a loss of $500 million in the quarter, driven by higher commercial deliveries, higher order receipts, and lower expenditures. “We continued to make important progress in the second quarter as we focus on driving stability across our operations and transforming our business for the future,” said Boeing President and Chief Executive Officer David Calhoun. “While our