Boeing to reduce aircraft deliveries by 3% in 2016
The world's largest aircraft manufacturer Boeing in 2016 predicts the decline in aircraft supplied volume by 3% up to 740-745 units, and a corresponding decrease in revenue - up to $93-95 billion, according to the company following the results of the first quarter of fiscal 2016 (starting in September). Last year, the producer hit a record high of output. Boeing supplied 762 aircrafts and earned $96.1 billion. The company's plans for 2016 were lower than analysts’ expectations. Thus, S&P forecast that the company will deliver more than 775 vehicles in 2016.