Boeing workers are depicted as Boeing 737-800 aircraft exit the gate under the image of a Boeing 737-800 aircraft, holding the first day of the “quality standdown” of the 737 program on January 25, 2024.
Jason Redmond | AFP | Getty Images
BoeingThe financial director of the aerospace giant said on Wednesday that the factory has been improved to supply more planes this year, as the quarter has been improved to deliver more planes this year.
Boeing’s stocks rose more than 5% in afternoon trading after bright comments from CFO Brian West, Dow Jones Industrial Average and S&P 500 It’s higher.
“I think we’re off to a good start to the year,” West told the Bank of America Investor Conference. He said the improvement in cash burns could be in “hundreds of millions of dollars.”
Boeing passed around $14 billion last year. This includes over $4 billion over the past three months of 2024. Boeing last recorded annual profits in 2018.
West has no target of a massive fire at the Pennsylvania Airlines Fastener Factory in February that will affect production, or Boeing’s targets, or output monthly to the largest aircraft of 38 737 and the 7787 Dreamliner each month.
Last year’s FAA banned Boeing from bolstering its Boeing beyond its 38 maximum plane a month after an air blowout from a passenger jet door plug in January 2024. New Transport Secretary Sean Duffy said the cap remains in place after visiting Boeing’s 737 Max plant in Renton, Washington last week.
Boeing is still working on cap production rates.
West also dispelled immediate concerns about President Donald Trump’s proposed tariffs, but said the impact will depend on how long the uncertainty lasts.
