Economy · 6 d ago
DUNCAN KIRK from Coeur d'Alene, United States · CC BY 4.0 · Wikimedia Commons
Boeing shares fall about 9% after a cautious production forecast
737 MAX target rate
52 planes a month, second half of 2027
CEO Kelly Ortberg said 737 MAX output will not reach 52 a month until the second half of 2027, after it first stabilizes at 47 a month.
Boeing lost US$116 million in the third quarter, down from a US$5.3 billion loss a year earlier, mostly on 777X certification delays. Revenue rose 4% to US$24.2 billion.
Free cash flow outlook
-
2026
About US$2 billion
-
2028
US$6 billion
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2029
US$10 billion
Ortberg expects free cash flow to grow from about US$2 billion in 2026 to US$10 billion in 2029.
