Boeing shares leap, as CFO says that the plane producer's cash burning loosens

Boeing employees are a gate under a picture of a Boeing 737-800 aircraft, since Boeing's 737 factory teams on the first day of a “quality stand” for the 737 program in Renton, Washington, on January 25, 2024.

Jason Redmond | AFP | Getty pictures

BoeingThe burning of money loosens this quarter and its factories improves in order to deliver more planes this year, the financial chief of the air and space giants announced on Wednesday when the company is working to avert a corner in several production and security crises.

The Boeing shares rose after trading in the afternoon after the optimistic comments from CFO Brian West had created the optimistic comments and directed them Dow Jones Industrial Average And S&P 500 higher.

“We believe that we have a good start for the year,” said West at an investor conference at the Bank of America. He said that improvement in money burning in the “hundreds of millions” could be dollars.

Boeing passed around $ 14 billion last year, including more than $ 4 billion in the last three months of the 2024, when it had an almost two-month work strike in its greatest factories and had other production problems. Boeing recently made an annual profit in 2018.

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West said that the massive fire in a factory in Pennsylvania Aviation Fasten in February has no short-term production effects or that Boeing can achieve monthly performance to 38 737 Max aircraft per month and seven 787 Dreamliners due to its increased inventory.

Last year Boeing excluded Boeing from the increase in production over 38 maximum aircraft after January 2024 Midair from a door plug on a passenger jet. The new transport secretary Sean Duffy said that after a visit to Boeing's 737 Max Factory in Renton, Washington, last week.

Boeing is still working until his capperation rate.

West also grazed directly concerns about President Donald Trump's proposed tariffs, but said that any effects depend on how long the uncertainty takes.

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