Boeing Narrows Losses as Jet Deliveries Take Off Again
So, here’s what’s going on with Boeing lately—and it's actually a pretty encouraging update for a company that’s been through a lot over the past few years.
Boeing has just posted its latest quarterly results, and while the company is still in the red, the losses have shrunk significantly—more than cut in half, in fact. That’s a big improvement compared to where they were a year ago. Even more interesting? The numbers came in better than what analysts had been expecting, which is always a good sign for investors. As a result, Boeing’s stock saw a nice little bump in premarket trading, up about 2.4%.
This turnaround is largely due to Boeing ramping up its production and deliveries of commercial jets—especially the 737 MAX and the 787 Dreamliner. So far this year, the company has delivered 206 737 MAX jets. That’s not just a big number—it’s also a really important one. You see, aircraft manufacturers get paid mostly when they actually deliver planes to customers. So more deliveries equals more cash flow, which helps keep the company stable and moving forward.
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They’ve also increased the production rate of the 787 from five to seven planes per month at their Charleston, South Carolina plant. That’s a solid step in the right direction, especially considering the quality issues and delays Boeing has faced in recent years.
Another key detail here is Boeing’s free cash flow. Wall Street watches this metric closely, and Boeing’s performance was way better than expected. Instead of burning through $1.7 billion like analysts feared, they only used about $200 million in cash. That’s a massive difference and suggests the company is tightening operations and managing finances more effectively.
CEO Kelly Ortberg pointed out in a letter to employees that their “Safety & Quality Plan” is finally bringing more stability to operations. For now, the company is producing about 38 737s a month and plans to raise that to 42—pending FAA approval—once internal performance benchmarks are met.
Boeing’s defense, space, and security segment also saw a big swing—from nearly a billion-dollar loss last year to a $110 million operating profit this quarter.
Revenue jumped 35% to $22.75 billion, again beating analyst estimates. So while Boeing isn’t out of the woods yet, it’s clearly finding its way back to steady ground. This latest report signals a cautious but real recovery—and that’s giving both employees and investors a bit more reason to feel optimistic.
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