Boeing's quarterly loss more than halved and was much smaller than analysts expected as the U.S. planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

Cheng Xin / Boeing beat revenue estimates and reduced its loss as deliveries rose. Boeing's Defense, Space & Security and Global Services units also posted higher sales. Boeing (BA) posted better-than-expected sales and it slashed its red ink as deliveries increased.