Boeing bullish on 2019 despite US-China tensions

Boeing reported a strong fourth quarter on Wednesday and offered a bullish 2019 outlook as executives expressed measured confidence in the prospects for a US-China trade agreement. Shares rallied on the report and 2019 forecast, which anticipates much higher than expected 2019 profits as the company ramps up commercial aircraft deliveries. “Across the enterprise, our team delivered strong core operating performance and customer focus, driving record revenues, earnings and cash flow and further extending our global aerospace industry leadership in 2018,” said Boeing Chief Executive Dennis Muilenburg.

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