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Boeing Delivered 161 Airliners Last Quarter and Lost About $4.3 Million on Each. Its 6,300-Jet Backlog Would Take About a Decade to Build at This Year's Pace.

Boeing said on 27 October that third-quarter revenue rose 4 per cent to $24.2 billion and its net loss narrowed to $116 million, from $5.3 billion a year earlier. Its commercial airplanes unit lost $697 million on 161 deliveries. Total backlog reached a record $745 billion, including more than 6,300 commercial jets.

By Daniel Okafor  

A Boeing 737 MAX test aircraft in Boeing's blue and white livery, registration N8701Q, parked on an apron with work stands and stairs beside it, with hangars, hills and a blue sky behind.

Business

UPS Raised Its Revenue Forecast by $1.4 Billion and Its Profit Forecast by $100 Million. The Fourth Quarter Now Has to Earn 37 Per Cent of the Year's Profit.

UPS said on 27 October that third-quarter revenue rose 6.7 per cent to $22.9 billion while adjusted earnings fell to $1.69 a share from $1.74. It raised its 2026 revenue outlook to about $92.6 billion, from $91.2 billion, and its adjusted operating profit target to about $8.75 billion, from $8.65 billion. U.S. parcel volume fell 3.3 per cent.

By Daniel Okafor  

A UPS Boeing 767-300F freighter in brown and white livery, with 'Worldwide Services' on its fuselage and the UPS shield on its tail, flying with landing gear down against a clear blue sky.