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Boeing Stock Gains as Jet Production Stabilizes
Posted
April 23, 2025
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April 23, 2025
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3:31Now PlayingBoeing reported first-quarter results that exceeded Wall Street's estimates, with a smaller-than-expected adjusted loss per share of 49 cents.
The company is ramping up jet production, aiming to raise output of its 737 Max jetliner to 38 jets per month, and later this year, seeking permission to increase to 42 units.
Despite challenges from global trade dislocations and tariffs, Boeing's strong start to the year and half-trillion-dollar backlog give it flexibility to navigate the environment, according to CEO Kelly Ortberg. Bloomberg's George Ferguson reports.
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