**"Boeing's Revenue Takes Flight: 17.66% Growth Amidst Market Recovery

Performance Review

Boeing's total operating revenue in March 31, 2025 was US$19.496 billion, up 17.66% from US$16.569 billion in 2024. This growth reflects the company's recovery and improvement in operating revenue, indicating a certain recovery in market demand.

Key Data in the Financial Report

1. Boeing's total operating revenue grew by 17.66%, showing its competitiveness in the recovery of the aviation market.

2. Sales costs increased from US$14.693 billion to US$17.079 billion, although the increase, due to the growth in operating revenue, also led to an increase in gross profit, showing the effectiveness of the company's cost control strategy.

3. The number of aircraft delivered in March 2025 was 41, up 41% year-on-year, reflecting the recovery in market demand.

4. Boeing expects further growth in air travel demand in the future, which will drive its aircraft delivery volume to new highs and have a positive impact on operating revenue.

Peer Comparison

1. Industry-wide analysis: The aviation manufacturing industry, which has suffered from the pandemic, has shown an upward trend in overall operating revenue, with global airlines expected to see a 15%-20% increase in revenue in 2025. This provides a good market environment for major manufacturers like Boeing.

2. Peer evaluation analysis: Compared with Boeing, competitors such as Airbus also experienced growth in operating revenue at the same time, but Boeing's growth rate was outstanding in the industry, showing its competitiveness and market share improvement in the market recovery.

Summary

Boeing's revenue growth in 2025 mainly benefited from the recovery of the aviation market, increased aircraft deliveries, and the company's effective cost control strategy. Although facing supply chain issues and production management chaos, the overall market environment provides Boeing with good development opportunities.

Opportunities

1. With the continued recovery of the global aviation market, Boeing is expected to continue to increase aircraft deliveries in the next few months.

2. The delivery of new models and strong backlog orders show long-term demand, which is expected to have a positive impact on future operating revenue.

3. The demand for new aircraft in the North American market remains strong, and Boeing can take advantage of this opportunity to expand its market share.

Risks

1. Supply chain issues and production management chaos may affect Boeing's production efficiency and delivery capacity, which in turn affects the speed of revenue recovery.

2. Geopolitical and trade protectionism factors may create uncertainties in the global economy and airline operations, affecting their demand for new aircraft.

3. Intensified competition in the industry, especially the market strategies of competitors such as Airbus, may challenge Boeing's market position.