Boeing reported a quarterly loss of $176 million, a significant improvement from the previous year. Revenue increased by 35% to $22.75 billion. CEO Kelly Ortberg highlighted positive changes in the company’s performance and expressed optimism for a turnaround in 2025. The aerospace giant has shown progress under Ortberg’s leadership, with increased airplane deliveries and stable production.
Boeing’s commercial airplane unit saw an 81% rise in sales to $10.87 billion in the second quarter. The company has upped production of its 737 Max aircraft to 38 a month following safety concerns. Challenges remain, including delays in certifying the 737 Max 7 and Max 10 models. A potential factory worker strike adds to Boeing’s ongoing issues.
Investors await a call with Ortberg and the executive team for insights on production improvements and stability. Boeing’s defense unit faces challenges, while the company navigates ongoing crises since the 737 Max crashes in 2018. Ortberg’s leadership has been praised for positive changes within the company.
Read more at CNBC: Boeing (BA) 2Q 2025 earnings
