Browsing Tag
Global Services
2 posts
Boeing lifts Q2 revenue to $24.6bn, backlog hits record $715bn despite core loss
Boeing lifted Q2 deliveries 14% and posted a record $715B backlog, but a wider core loss and $280M Air Force One charge keep the turnaround thesis conditional.
Boeing’s $4.9bn 777X charge overshadows strong Q3 deliveries and cash flow recovery
Despite record deliveries and positive free cash flow, Boeing Company’s third quarter results shook investor confidence as certification delays on the 777X program triggered a multibillion-dollar charge.