Boeing’s cash burn is easing, and factory performance is improving, with plans to boost aircraft deliveries, CFO Brian West said Wednesday.
Shares rose nearly 7% after his comments. Despite last year’s $14 billion cash outflow and production setbacks, West expects improvement in the “hundreds of millions” this quarter.
The company remains under FAA restrictions on 737 Max production following a January 2024 safety incident, CNBC has reported.
West downplayed concerns over potential Trump tariffs, citing uncertainty as the key factor.
Written by B.C. Begley
