News
Boeing reaffirms 737 delivery target, posts US$425m quarterly loss
April 27th 2023
Boeing said it still expected to hand over between 400 and 450 737 MAX family aircraft in 2023 despite the impact of a recently identified manufacturing issue on deliveries and production. Read More » "We will work diligently through rework of affected airplanes in production and storage to ensure each meets our standards prior to delivery," Boeing CEO, Dave Calhoun, said. "This effort will impact the timing of deliveries over the next several months; however, we remain confident in the operational and financial goals we set for this year." The company reported a net loss of US$425 million for the three months to March 31 2023, compared with a net loss of US$1.2 billion in the same three months of 2022.
