Boeing 787 Dreamliner Turns Into Rainmaker, and Shares Soar
- Planemaker sees increase in aircraft deliveries this year
- Investors boost stock to record on potential cash bounty
Boeing Profits Get Boost From Dreamliner
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Boeing Co. shares reached an all-time high as the 787 Dreamliner emerged from a decade of losses to help the company post rising profit and weather a turbulent market for wide-body jetliners.
The world’s largest planemaker is counting on the marquee carbon-fiber jet and faster output of the single-aisle 737, a workhorse with discount airlines, to bolster results this year. Boeing forecast higher cash and earnings on Wednesday, while predicting a sales decline as it makes fewer 777 wide-body aircraft.