Boeing's Delivery Boost: A Sign of Recovery
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Boeings Chief Financial Officer, Jay Malave, announced a significant increase in deliveries for the seven-three-seven and seven-eight-seven jets next year, with even greater numbers expected by 2026. This news boosted Boeings stock and cash flow prospects, as the company aims to return to profitability after a period of intense scrutiny. Malave also mentioned the delayed certification for the seven-three-seven-ten aircraft, expected later in 2026, and improved productivity driving cash margins through 2030. Boeings delivery pace has been strong, with a record-breaking October putting them on track for their highest annual delivery total since 2018 and pushing them back into cash-positive territory for the first time in nearly two years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
