Boeing 1Q2016 profit declines but full year outlook 'remains positive'

Boeing revenue up 2% - financial highlights for three months ended 31-Mar-2016:

• Revenue: USD22,632 million, +2% year-on-year;
• • Commercial Airplanes: USD14,399 million, -6%;
  • Boeing Capital: USD64 million, -26%;
• Operating profit: USD1788 million, -11%;
• • Commercial Airplanes: USD1033 million, -36%;
  • Boeing Capital: USD5 million, -75%;
• Net profit: USD1219 million, -9%;
• Commercial aircraft deliveries: 176, -4%;
• Total assets: USD91,547 million;
• Cash and cash equivalents: USD7886 million;
• Total liabilities: USD87,441 million. [more - original PR]

Boeing: "Overall, we are pleased with our performance trends and our outlook for the year remains positive," Dennis Muilenburg, Chairman, President and CEO. Source: Company statement, 27-Apr-2016.