Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing

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