Boeing reports strong revenue for 2018

Boeing has reported record revenues of $101.1bn for 2018. The airplane manufacturer has cited strong demand, raising its target for commercial aircraft deliveries this year by more than 10%. Boeing’s total backlog remains robust at $490 billion, including nearly 5,900 commercial airplanes. “Across the enterprise our team delivered strong core operating performance and customer focus, driving record revenues, earnings and cash flow and further extending our global aerospace industry leadership in 2018,” said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg. “Our financial performance provided a firm platform to further invest in new growth businesses, innovation and future franchise