Boeing reported second quarter earnings that exceeded expectations with revenue of $22.7 billion, a 35% increase from last year. The company saw a $200 million cash burn during the quarter, a significant improvement from previous quarters. CEO Kelly Ortberg is confident in positive cash flow by the end of the year. Boeing is slowly ramping up production, with 737 production hitting 38 planes per month in Q2. The company is also navigating global challenges, including a trade deal with the EU and Japan. Despite progress, Boeing’s stock fluctuated after the positive earnings report.

Read more at Yahoo Finance: Boeing Q2 results beat expectations as plane maker slashes costs