India, April 23 -- Shares of Boeing Co. were gaining around 6 percent in the early morning trade on the NYSE after the aerospace major reported Wednesday narrower net loss in its first quarter, and a core operating profit compared to prior year's loss, with significantly higher revenues. The company attributed the results primarily to improved operational performance and commercial delivery volume.
In a statement, Kelly Ortberg, Boeing CEO, said, "Our company is moving in the right direction as we start to see improved operational performance across our businesses from our ongoing focus on safety and quality. We continue to execute our plan, are seeing early positive results and remain committed to making the fundamental changes needed to ...