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Associated Press News

Associated Press News

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Boeing doesn't expect its recovery to be impacted by trade war with China

Associated Press News
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Boeing CEO Kelly Ortberg said Wednesday that he doesn't expect the U.S. trade war with China to forestall the company's financial recovery, nor prevent it from reaching aircraft delivery targets with Chinese airlines now refusing to accept Boeing planes.

Boeing reported its first-quarter financial results on Wednesday , posting an adjusted loss of 49 cents per share on revenue of $19.5 billion .

Shares of Boeing rose more than 6% in morning trading.

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