Boeing posts $1.23bn in Q4 earnings, sees 2014 deliveries to surge

January 30, 2014 9:09 am

Boeing Co has reported better-than-expected net profit for the fourth quarter, and said it expected deliveries of commercial airplanes to surge in 2014, Reuters has reported. Chicago-based Boeing said net income in the quarter jumped to $1.23bn from $978m a year earlier. Revenue rose to $23.8bn from $22.3bn in the quarter. Boeing said it would deliver between 715 and 725 commercial airplanes this year, a possible increase of nearly 12% from a record 648 in 2013.