April 29 (UPI) -- U.S. aviation giant Boeing said in an earnings report Wednesday it lost $641 billion over the first three months of this year and will lay off 10 percent of its workforce.
The company reported first-quarter revenues of about $17 billion, a 26 percent decline over Q1 2019 -- and a per-share loss of $1.11, compared to a $3.75 increase a year ago.