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Boeing posts narrower loss, delays outlook; shares gain

Boeing Co executives on Wednesday stood by their financial targets for 2025-2026 and said the company is working hard to regain the confidence of regulators and customers after a mid-air cabin-panel blowout on a 737 MAX aircraft, lifting its shares 6.1%. As expected, CEO Dave Calhoun did not offer a financial or delivery forecast for 2024, stating that the company must focus on delivering quality airplanes. However, Chief Financial Officer Brian West said during an earnings call the company remains confident it will reach free cash flow of about $10 billion and 737 production of 50 per month in the 2025-2026 timeframe, as the company outlined in November 2022.

Boeing (BA) Q4 2023 Earnings Call Transcript

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