Boeing has reduced its quarterly losses after a surge in sales, driven by the delivery of its most airplanes since 2018. The company’s earnings jumped 35% to $22.75 billion, beating expectations.
CEO Kelly Ortberg said that “change takes time,” but noted improvements in performance across the business. He added that if the company can maintain focus on safety, quality, and stability, it can navigate the global environment and achieve its turnaround year by 2025.
The aerospace giant reported a loss of $433 million or $1.24 per share, better than analyst expectations. Revenue rose significantly, with sales in Boeing’s commercial airplane unit increasing 81% from last year to $10.87 billion.
Boeing delivered 150 airplanes in the second quarter, the most since 2018. The company aims to generate cash in the fourth quarter and has increased output of its 737 Max aircraft to 38 a month. It plans to discuss production rate increases with the Federal Aviation Administration (FAA) in the coming months.
However, challenges remain ahead for Boeing. The certification of the 737 Max 7 and Max 10 is likely delayed until 2026, and the company’s defense unit faces potential labor issues. Despite these challenges, CEO Ortberg remains optimistic about the company’s recovery under his leadership.
Source: https://www.cnbc.com/2025/07/29/boeing-ba-2q-2025-earnings.html