Boeing reports small quarterly loss

NEW YORK, Apr 23 (AFP): Boeing reported a smaller than expected quarterly loss Wednesday, while confirming targets to raise commercial plane production as it bolsters its safety efforts following major incidents.

The aviation giant reported a loss of $123 million in the first quarter, smaller than the $343 million loss in the year-ago period. Revenues rose 18 per cent to $19.5 billion.

Amid questions over how impacted the major American manufacturer will be impacted by the broiling US-China trade war, Boeing said.