Boeing reveals Q4 2013 earnings

Boeing reveals Q4 2013 earnings

Credit: KING

Boeing reveals Q4 2013 earnings

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by KING 5 News

kgw.com

Posted on January 29, 2014 at 6:42 AM

Updated Wednesday, Jan 29 at 7:33 AM

Boeing has released its 2013 fourth-quarter earnings report. The company is reporting a 7 percent increase in revenue and a 26 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries.

Boeing was able to secure the $100 billion in orders for the new 777X at the Dubai Airshow, and delivered a record number of airplane in 2013.

Still, analysts are warning there could be turbulence ahead with emerging airplane markets, and stiffer competition from Airbus who surpassed Boeing this year in total airplane orders.

Read Boeing's full earnings report

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