Boeing removed 210 aircraft from its order backlog to reflect concerns about cus...
FILE PHOTO: The Boeing logo is seen at their headquarters in Chicago, in this April 24, 2013 file photo. Boeing Co on April 27, 2016, reported a 9 percent drop in first-quarter profit, citing an after-tax charge from the KC-46 aerial refueling tanker it is developing for the U.S. Air Force. REUTERS/Jim Young
The U.S. planemaker did not disclose the name of the airline involved but the move came days after India’s Jet Airways halted operations after lenders rejected a plea for emergency funds. Under recent changes in accounting rules, Boeing hives off orders that do not meet its criteria for recognising revenue into a separate category, while holding onto contractual claims.
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