SEATTLE, WASHINGTONBoeing posted its first quarterly profit in more than two years, thanks in part to the post-pandemic rebound in commercial aviation.

Boeing said its adjusted core profit for the three months ending in June.

Group revenues, Boeing said, rose 44% from last year to $17 billion, again topping analysts' forecasts of a $16.54 billion tally.

"We continued to make important progress in the second quarter as we focus on driving stability across our operations and transforming our business for the future," said CEO David Calhoun.

"While our commercial market environment is improving, we're closely monitoring COVID-19 case rates, vaccine distribution, and global trade as key indicators for our industry's stability. "As we continue to position for a robust recovery, we remain committed to safety and quality, while investing in our people, products, and technology. I am proud of our team's resilience and commitment as we work to rebuild trust, improve our performance and deliver for our commercial, defense, space, and services customers." Calhoun added.