Overview
- Boeing reported a Q1 2025 loss of $0.16 per share, a significant improvement from the $0.56 loss per share in the same quarter last year.
- The company increased jet deliveries and plans to ramp up 737 MAX production to 38 jets per month in 2025 under FAA oversight.
- CEO Kelly Ortberg, who joined in late 2024, has labeled 2025 as Boeing's 'turnaround year,' focusing on operational streamlining and safety enhancements.
- As part of its restructuring, Boeing sold its Digital Aviation Solutions business, including Jeppesen, to Thoma Bravo for $10.55 billion in an all-cash deal.
- Boeing continues to face challenges from U.S.-China trade tensions, supply-chain delays, and FAA-imposed restrictions following a 2024 safety incident.