Boeing reduced its loss to $31 million in the first quarter of 2025, reporting a smaller cash burn than analysts had expected. The company also announced plans to seek approval from the U.S. Federal Aviation Administration (FAA) later this year to increase 737 MAX production. CEO Kelly Ortberg stated that some aircraft not being accepted by Chinese carriers due to ongoing trade tensions will be redirected to other airlines. “We won’t continue building aircraft that won’t be accepted,” he said.
Excluding one-time items like pension and tax adjustments, Boeing reported an adjusted loss of $0.49 per share, beating market expectations of a $1.29 loss. Total revenue reached $19.5 billion, slightly surpassing analyst forecasts.
Boeing’s free cash flow came in at negative $2.3 billion, showing significant improvement from the roughly $4 billion outflow in Q1 2024. Ortberg said the company aims for positive cash flow in the second half of the year. Boeing shares rose 6% on Wednesday, closing at $172.37.
