Boeing cuts Q4 loss to 30 million US dollars – before jet lost panel mid-flight

Boeing said that excluding one-time items, it lost 47 cents (37p) per share (Jon Gambrell/AP)

Boeing narrowed its fourth-quarter loss to $30m and bumped up production of its best-selling plane just before one of them suffered a blowout of a side panel during a flight – an accident that has raised new safety concerns about the aircraft manufacturer.

The loss reported on Wednesday was smaller than Wall Street expected and revenue beat forecasts.