Boeing has reported earnings that beat estimates, signaling a positive shift for the company. The aerospace giant plans to seek Federal Aviation Administration (FAA) approval to increase production of its 737 Max aircraft this year. This decision comes as the company’s losses continue to narrow, reflecting a resurgence in commercial airplane revenue despite recent tariff announcements.
Boeing’s smaller-than-expected loss indicates resilience amid ongoing trade war threats. The company remains optimistic about its future, with cash sales for international travel showing strength through the summer and into the fall. This development underscores Boeing’s efforts to stabilize and grow its production capabilities while navigating external challenges.
— new from Barron’s