BA in 2016
"Our teams are focused intensely on delivering on our existing commitments including the production ramp-up associated with our large and diverse backlog, accelerating progress on quality, safety and productivity improvements company wide, returning greater value to shareholders through profitable growth, and investing in the future as we enter our second century in business," Muilenburg said in a statement.
Commercial aircraft deliveries fell 4.3 percent to 176.
Boeing shares took a tumble in the first quarter of the year, falling 12.21 percent — they have fallen nearly 7 percent year to date.
The company said March 30 it will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year as it looks to control costs.
Boeing will reduce 1,600 positions through voluntary layoffs, while the rest are expected to be done by leaving open positions unfilled. The job cuts will include hundreds of executives and managers, but will not be done through involuntary layoffs.
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— CNBC's Fred Imbert and Reuters contributed to this report.