In this article
Boeing
’s jetliner deliveries drove it back into cash-positive territory for the first time in nearly two years but it took a $4.9 billion charge on additional delays of its long-awaited 777X wide-body plane.
Boeing is on track to deliver the most aircraft this year since 2018, before two crashes grounded its best-selling jetliner, the Covid pandemic hit supply chains and a host of manufacturing crises drove years of losses at the top U.S. exporter.
CEO Kelly Ortberg, an aerospace veteran who came out of retirement to helm Boeing in August 2024, has worked to steady the manufacturer’s sprawling supply chain and cash-generating production lines.
