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| Boeing profits from sales boost | Boeing profits from sales boost |
| (35 minutes later) | |
| Boeing's profits from April to June were boosted by a "strong" commercial aircraft sales, the company has said. | Boeing's profits from April to June were boosted by a "strong" commercial aircraft sales, the company has said. |
| Net profits rose 52% to $1.65bn (£1bn) from the same period last year. | Net profits rose 52% to $1.65bn (£1bn) from the same period last year. |
| During a quarter which saw the firm deliver its first Dreamliner 787-9 aircraft, Boeing's earnings from commercial aircraft operations helped to offset a fall in defence profits. | During a quarter which saw the firm deliver its first Dreamliner 787-9 aircraft, Boeing's earnings from commercial aircraft operations helped to offset a fall in defence profits. |
| Earnings from the firm's defence, space and security business fell 25% to $582m. | Earnings from the firm's defence, space and security business fell 25% to $582m. |
| The company also boosted its full-year earnings forecast to between $7.90 and $8.10 per share, up from its previous forecast of $7.15 to $7.35 per share. | The company also boosted its full-year earnings forecast to between $7.90 and $8.10 per share, up from its previous forecast of $7.15 to $7.35 per share. |
| "Overall, our strong first-half financial performance, sustained focus on growth and productivity, and positive market outlook support our increased earnings guidance for the year," said Boeing chief executive Jim McNerney. | "Overall, our strong first-half financial performance, sustained focus on growth and productivity, and positive market outlook support our increased earnings guidance for the year," said Boeing chief executive Jim McNerney. |
| The firm expects higher full-year profits in part due to second-quarter tax settlements totalling $408m. | The firm expects higher full-year profits in part due to second-quarter tax settlements totalling $408m. |
| Jumbo deliveries | Jumbo deliveries |
| Boeing said commercial aircraft deliveries rose 7% to 181 in the three month period. The total included 30 Dreamliner jets. | Boeing said commercial aircraft deliveries rose 7% to 181 in the three month period. The total included 30 Dreamliner jets. |
| Boeing grounded a number of aircraft last year, including the Dreamliner fleet, following two incidents where batteries caught fire. | Boeing grounded a number of aircraft last year, including the Dreamliner fleet, following two incidents where batteries caught fire. |
| The firm said it had a total order book worth $440bn, with more than 5,200 orders for commercial aeroplanes. | The firm said it had a total order book worth $440bn, with more than 5,200 orders for commercial aeroplanes. |
| "With 783 new commercial airplane orders to date this year and significant contracts in the quarter for military aircraft and satellites, our backlog remains large and diverse," Mr McNerney said. | "With 783 new commercial airplane orders to date this year and significant contracts in the quarter for military aircraft and satellites, our backlog remains large and diverse," Mr McNerney said. |
| Delta profits soar | |
| Meanwhile, US carrier Delta Air Lines announced second quarter earnings rose 17%, to $801m from a year ago. | |
| Passengers flew more miles, at higher average fares, and fuel spending declined, the firm said. Delta's average fuel price was $2.93 per gallon in the quarter. The company owns its own refinery in Philadelphia. | |
| The results from Delta come before American and United post second quarter figures on Thursday. Analysts expect the biggest US carriers to report large profits. |