Particle.news

Download on the App Store

Boeing’s Profit Loss Narrows as Deliveries Stabilize Under Ortberg’s Turnaround

Plans to seek FAA permission for 42 737 MAX jets per month underline Boeing’s push to scale production, with certification delays and potential defense-unit strikes posing fresh challenges

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
Image
Kelly Ortberg, CEO of Boeing in Washington on April 2, 2025.

Overview

  • Second-quarter net loss narrowed to $697 million from $1.44 billion a year earlier while revenue rose 34.9% to $22.7 billion, topping analyst forecasts
  • Cash burn plunged to $200 million in Q2 compared with $2.3 billion in the prior quarter and $4.3 billion a year ago
  • 737 MAX production has held steady at 38 jets per month since May, and Boeing delivered 206 of the jets in the first half of 2025
  • Boeing plans to request FAA approval to raise its 737 MAX monthly production cap from 38 to 42 jets once key performance indicators are met
  • Certification of the 737 MAX 7 and MAX 10 has slipped into 2026 due to anti-ice system issues, and more than 3,200 defense-unit workers have rejected a contract offer ahead of a potential strike