{"id":200682,"date":"2025-04-23T13:18:55","date_gmt":"2025-04-23T13:18:55","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/boeing-moving-in-right-direction-as-net-loss-moves-to-31b\/"},"modified":"2025-04-23T13:18:55","modified_gmt":"2025-04-23T13:18:55","slug":"boeing-moving-in-right-direction-as-net-loss-moves-to-31b","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=200682","title":{"rendered":"Boeing \u2018moving in right direction\u2019 as net loss moves to $31B"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>The CEO of Boeing, Kelly Ortberg, has said the planemaker is moving in the right direction after its net loss for the first quarter improved to $31 billion against $355 billion over the same period last year.\u00a0\u00a0<\/p>\n<p>There has been a sense that <a href=\"https:\/\/www.aerotime.aero\/tag\/boeing\" title=\"\">Boeing<\/a> has recently turned a corner buoyed by 130 aircraft deliveries between January and March 2025, though there are new concerns over President Donald Trump\u2019s tariffs.\u00a0\u00a0<\/p>\n<p>News that two Boeing 737 aircraft heading to Chinese customers had been returned after China paused deliveries of Boeing jets in a retaliatory step over US tariffs has caused apprehension in recent days.\u00a0<\/p>\n<aside class=\"article-leaderboard bn-1\"\/>\n<p>Ortberg appeared to acknowledge the difficulties on April 23, 2025, while commenting on the company\u2019s latest financial results.\u00a0\u00a0<\/p>\n<p>\u201cWe continue to execute our plan, are seeing early positive results and remain committed to making the fundamental changes needed to fully recover the company\u2019s performance while navigating the current environment,\u201d Ortberg said.\u00a0\u00a0<\/p>\n<p>Revenues increased in the first quarter of 2025 by 18% to $19.5 billion compared to $16 billion last year, thanks to the increase from 83 deliveries over the same period in 2024.\u00a0\u00a0<\/p>\n<aside class=\"article-leaderboard bn-2\"\/>\n<p>\u201cOur company is moving in the right direction as we start to see improved operational performance across our businesses from our ongoing focus on safety and quality,\u201d said Ortberg.\u00a0<\/p>\n<p>Announcing its results, Boeing reaffirmed that its delivery target of 38 aircraft deliveries was expected to be achieved this year.\u00a0<\/p>\n<p>Boeing faced one of its most challenging periods last year after a door plug separated from an Alaska Airline 737 MAX 9 shortly after takeoff on January 5, 2024.\u00a0<\/p>\n<aside class=\"article-leaderboard bn-3\"\/>\n<p>The incident led to the Federal Aviation Administration (FAA) capping production of 737 MAX aircraft at 38 a month resulting in a sharp decline in aircraft deliveries in 2024.\u00a0<\/p>\n<p>On April 23, 2025, <a href=\"https:\/\/www.cnbc.com\/2025\/04\/23\/boeing-ba-1q-2025-earnings.html\" title=\"\">CNBC<\/a> reported that Boeing is preparing to seek approval from the FAA to increase 737 MAX production to 42 jets a month.\u00a0\u00a0\u00a0<\/p>\n<p>Boeing also announced that the 787 Dreamliner program continued to stabilize production at five per month in the quarter and still expects to increase to seven per month this year.\u00a0\u00a0<\/p>\n<p>The 777X program also began expanded FAA certification flight testing in the quarter, and Boeing still anticipates the first delivery of the 777-9 in 2026.\u00a0<\/p>\n<p>Significantly, Boeing\u2019s cash flow reduced to $1.6 billion from $3.3 billion in the first quarter of 2024.\u00a0<\/p>\n<p>Shares in Boeing jumped 5% following the publication of its latest financial results.\u00a0<\/p>\n<aside class=\"cnvs-block-posts cnvs-block-posts-1745413515177 cnvs-block-posts-layout-horizontal-type-2-read-more\" data-layout=\"horizontal-type-2-read-more\" data-min-height=\"\">&#13;<\/p>\n<div class=\"cs-posts-area\" data-posts-area=\"\">\n<div class=\"cs-posts-area__outer\">\n<div class=\"cs-posts-area__main cs-block-posts-layout-horizontal-type-2-read-more cs-display-column\">\n<article class=\"post-119507 post type-post status-publish format-standard has-post-thumbnail category-aircraft tag-airbus tag-boeing trending_today-trending_today cs-entry cs-video-wrap\">\n<div class=\"cs-entry__outer\" style=\"border-top: 1px solid;border-bottom: 1px solid;padding: 5px 0;\">\n<div class=\"cs-entry__inner cs-entry__thumbnail cs-entry__overlay cs-overlay-ratio cs-ratio-square\">\n<div class=\"cs-overlay-background cs-overlay-transparent\">\n<p>\t\t                        <a class=\"cs-overlay-link\" style=\"position: relative\" href=\"https:\/\/www.aerotime.aero\/articles\/boeing-delivers-130-jets-in-q1-2025-six-fewer-than-airbus\" title=\"Boeing delivers 130 aircraft in Q1 2025, six fewer than Airbus\"><br \/>\n                        <img loading=\"lazy\" decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-80x80.jpg\" class=\"attachment-csco-smaller size-csco-smaller wp-post-image\" alt=\"boeing_sign_at_the_renton_factory.jpg\" srcset=\"https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-80x80.jpg 80w, https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-150x150.jpg 150w, https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-110x110.jpg 110w, https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-160x160.jpg 160w, https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-220x220.jpg 220w, https:\/\/www.aerotime.aero\/images\/boeing_sign_at_the_renton_factory-300x300.jpg 300w\" sizes=\"auto, (max-width: 80px) 100vw, 80px\" title=\"boeing sign at the renton factoryjpg\"\/>                    <\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/article><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>&#13;<br \/>\n\t<\/aside>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The CEO of Boeing, Kelly Ortberg, has said the planemaker is moving in the right direction after its net loss for the first quarter improved to $31 billion against $355 billion over the same period last year.\u00a0\u00a0 There has been a sense that Boeing has recently turned a corner buoyed by 130 aircraft deliveries between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":200683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12024],"tags":[77227,12576,14540,8681,11379,4237,2287],"dealstore":[],"offerexpiration":[],"class_list":["post-200682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-31b","tag-boeing","tag-direction","tag-loss","tag-moves","tag-moving","tag-net"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boeing \u2018moving in right direction\u2019 as net loss moves to 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