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3d ago

Boeing Reports Smaller Q2 Loss as Production Stabilizes

After stabilizing production at 38 jets per month, Boeing will seek FAA approval to raise 737 Max output to 42 monthly.

A Boeing logo is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. REUTERS/Benoit Tessier/File Photo
Image
Kelly Ortberg, CEO of Boeing in Washington on April 2, 2025.
FILE - A line of Southwest Air Boeing 737 jets are parked near the company's production plant while being stored at Paine Field Friday, April 23, 2021, in Everett, Wash. (AP Photo/Elaine Thompson, File)

Overview

  • The planemaker narrowed its Q2 net loss to $611 million on $22.75 billion in revenue, improving from a $1.44 billion loss and $16.87 billion revenue a year earlier.
  • Commercial jet deliveries rose to 150 in the quarter, up from 92 in Q2 2024, driving much of the revenue gain.
  • Under Kelly Ortberg’s Safety & Quality Plan, Boeing has held 737 Max production steady at 38 jets per month since May under FAA limits.
  • Free cash flow outflow fell to $200 million, far below analysts’ expectations of $1.8 billion, easing liquidity concerns.
  • Boeing faces a potential strike in its defense unit after an Aug. 4 cooling-off period and anticipates the 737 Max 7 and Max 10 certifications will extend into 2026.