Boeing posts smaller-than-expected quarterly loss as recovery gains traction
Sales rose 14% to $22.22 billion as Boeing narrowed its quarterly loss and boosted deliveries across its commercial, defense and services businesses.
- Boeing reported a smaller-than-expected first-quarter loss of 20 cents per share, while sales rose 14% to $22.22 billion, exceeding analysts' estimates and signaling improvements across the manufacturer's business units.
- CEO Kelly Ortberg, tasked with course-correcting after years of manufacturing and safety crises, told employees on Wednesday the company remains on plan for the year. Ortberg praised the team for pulling together amid challenges.
- Boeing's commercial aircraft unit posted $9.2 billion in revenue, a 13% increase, while delivering 143 airplanes in the quarter. The Maxes are rolling out at about 42 per month to meet demand.
- Services business revenue rose 6% to $5.37 billion. Further production increases require Federal Aviation Administration approval, a requirement following the fuselage door plug incident.
- Boeing expects certification for the long-delayed Max 7 and Max 10 later this year, with deliveries of these aircraft scheduled to start in 2027. The timeline marks a critical milestone for stabilizing the Max family.
46 Articles
46 Articles
Boeing Turnaround Gathers Steam as Net Loss Narrows Sharply in 1st Quarter
Boeing CEO Kelly Ortberg’s aggressive turnaround plan announced in early 2026 appears to be taking hold, as the Arlington, Virginia-based aerospace manufacturer reduced its net loss by 77 percent in the quarter ended March 31. Boeing on April 22 reported a net loss of $7 million in the first quarter versus a net loss of $31 million in the same quarter of 2025. While Boeing is still burning through cash, the net cash outflow was $1.45 billion in …
Boeing reported on Wednesday a net loss of $90 million in the first quarter of 2026, an improvement against the loss of $123 million recorded in the same period of the previous year. Although the result remains negative, the US aerospace giant presented the figures as a sign of progress in its recovery process after years of operational and reputational challenges. The total revenue of the quarter reached $22.2 billion, representing an increase …
US Stocks: Boeing posts smaller-than-expected quarterly loss as recovery gains traction
Boeing on Wednesday reported a much smaller first-quarter loss than analysts expected, a sign of continued operational recovery at the U.S. planemaker after years of crises that dented its reputation and left it with a mountain of debt.
Boeing reports narrowing loss, points to progress on turnaround
Boeing reported a small quarterly loss Wednesday following an uptick in commercial plane deliveries as the aerospace giant pointed to progress on a turnaround after a long period of stumbles.
The crisis-stricken aircraft manufacturer Boeing is heading for its new take off. Although the company is still burning money, the armaments division is booming and the company is delivering as many traffic aircraft as it has not been for years.
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