Boeing (BA.US) shares rose nearly 6% as the CFO stated that the company is in an "excellent" position.

Generated by AI AgentMarket Intel
Wednesday, Mar 19, 2025 10:20 am ET1min read

Boeing (BA.US) shares rose nearly 6% to $171.17 on Wednesday, marking the largest gain since January 28, as investors responded positively to CFO Brian West's optimistic remarks at an investor conference.

reportedly stated that was in a "great" position, with the production of its best-selling 737 Max aircraft on track to produce 38 planes per month, despite FAA restrictions on the number of planes it can produce each month for safety reasons. West also noted that the company had previously faced supply chain constraints and worker strikes that had affected production, but that the overall situation was improving. He also revealed that Dreamliner 787 production had stabilized at five planes per month and expected to increase further. Regarding aircraft deliveries, West said that the number of aircraft deliveries in March would be consistent with February. In February, Boeing delivered a total of 44 aircraft, including 32 737s.

Comments



Add a public comment...
No comments

No comments yet