Business Technology US & Canada

Boeing Narrows Losses as Deliveries Rise

Boeing Narrows Losses as Deliveries Rise

Despite ongoing challenges with its supply chain and regulatory scrutiny, Boeing beat analyst expectations on both its top and bottom lines.

The company stated it still expects FAA certification for the 737 Max 7 and Max 10 models later this year, with deliveries set to begin in 2027.

Boeing's backlog has reached a record $695 billion, reflecting a significant turnaround from the crises that previously dented its reputation.

CEO Dave Calhoun noted that the company is focused on increasing production rates to meet the global surge in air travel demand.

Boeing Maurice King, CC BY 2.0
Boeing
American global aerospace and defense corporation
Federal Aviation Administration
U.S. government agency regulating civil aviation
Dave Calhoun
American businessperson and corporate director, President and CEO, The Boeing Company