Boeing's Financial Takeoff: Jet Deliveries Soar Amid Challenges

Boeing's quarterly loss reduced significantly as it ramped up jet deliveries. Despite production setbacks, the company showed financial improvement and aims to boost 737 MAX production. Delays continue for certification of new models, but improved cash flow and increased jet deliveries mark progress amid regulatory challenges.

Boeing reported a reduced quarterly loss as the company accelerated jet deliveries, marking a significant recovery from last year's production halt due to regulatory issues and a major strike. The planemaker's efforts highlight a cautious increase in output as it aims for financial stability after years of disruptions.

The planemaker faced setbacks as certification of new 777-9 and 737 MAX 7 and 10 models was delayed until 2026. Despite these hurdles, Boeing shares fell 3.7% as financial improvements remain tempered by ongoing challenges with de-icing systems on the 737 MAX models.

With increased jet deliveries and improved cash flow metrics, Boeing's financial position is strengthening, as evidenced by the production of 38 737s in May. However, operations face caps on 737 MAX production by the FAA due to quality issues, while positive trends in free cash flow usage add optimism for the year-end outlook.

(With inputs from agencies.)