Boeing shares jump after CFO gives upbeat outlook, says cash burn is easing

8 months ago
41

Boeing’s cash burn is easing, and factory performance is improving, with plans to boost aircraft deliveries, CFO Brian West said Wednesday.

Shares rose nearly 7% after his comments. Despite last year’s $14 billion cash outflow and production setbacks, West expects improvement in the “hundreds of millions” this quarter.

The company remains under FAA restrictions on 737 Max production following a January 2024 safety incident, CNBC has reported.

West downplayed concerns over potential Trump tariffs, citing uncertainty as the key factor.

read more: https://www.cnbc.com/2025/03/19/boeing-shares-jump-as-cfo-says-plane-makers-cash-burn-is-easing.html

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