- Boeing is losing less money as aircraft deliveries climb and its turnaround picks up speed Quartz —
- Boeing narrows loss as aircraft deliveries rise, says it expects new 737 Max certifications this year CNBC —
- Boeing Narrows Cash Burn in First Quarter as Jet Deliveries Rise Bloomberg —
- Boeing posts smaller-than-expected quarterly loss as recovery gains traction The Globe and Mail —
- Boeing’s Commercial Jet Business Improves, Reducing Quarterly Loss Wall Street Journal —
- Boeing regains delivery lead over Airbus as revenues jump Irish Times —
- Boeing regains delivery lead over Airbus as revenues jump Financial Times —
- Boeing posts smaller-than-expected quarterly loss as recovery gains traction CTV News —
- Boeing posts smaller-than-expected quarterly loss as recovery gains traction - Reuters Reuters —
- Earnings Snapshot: Boeing posts Q1 beat on top and bottom lines; backlog hits record $695B Seeking Alpha —
Boeing Posts Smaller Quarterly Loss
The results signal a continued recovery for the U.S. planemaker after years of crises that left it with a mountain of debt.
Boeing beat analyst expectations on both top and bottom lines, with its backlog reaching a record $695 billion.
Despite wiring flaws that delayed some deliveries, the company still expects FAA certification for the new 737 Max 7 and Max 10 models this year.
CEO Kelly Ortberg stated that the turnaround is picking up speed as the company regains its delivery lead over European rival Airbus.
Federal Aviation Administration
U.S. government agency regulating civil aviation
U.S. government agency regulating civil aviation
Airbus SAS
European aircraft manufacturer, subsidiary of Airbus SE
European aircraft manufacturer, subsidiary of Airbus SE