Boeing makes remarkable profit records, says 2019 will be more

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New York (CNN Business)Boeing had its best year ever in 2018, and it expects this year to be even better.

The airplane maker posted sales of more than $100 billion for the first time because of increases in commercial and military jet deliveries.
Boeing, the nation’s leading exporter, was not slowed by concerns about trade disputes.

Sales rose 8% to $101 billion and topped forecasts. The company said it expects 2019 sales to come in between $109.5 and $111.5 billion.
Operating income rose 20% for the year to $10.7 billion.

Shares of Boeing (BA), one of the best performers on the Dow so far this year, shot up 6% in premarket trading Wednesday on the report. Shares had already been up 14% for the year.

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