NEW YORK (Standard&Poor's) July 26, 2006--Boeing Co. (A/Positive/A-1) reported a net loss of $160 million for the second quarter ended June 30, 2006, compared with net income of $566 million for the same period in 2005, as revenues rose 2%. Standard&Poor's Ratings Services said this announcement has no impact on its ratings or outlook on Boeing. The loss in the 2006 period includes $1,067 million of previously disclosed charges for a legal settlement with the U.S. government and additional costs on an international airborne surveillance (AEW&C) program; without those items, net income would have been $760 million. Favorable conditions in commercial aerospace and ongoing productivity enhancements were reflected in increased jetliner deliveries, revenues, and a 10%
