Boeing Sticks With Financial Outlook After Latest 737 MAX Problem

Plane maker reported 28% jump in first-quarter revenue, smaller net loss

Boeing plans to increase production to 38 737 MAX jets a month later this year. Photo: Ellen M. Banner/Press Pool

Boeing Co. said a new production problem expected to delay deliveries of its 737 jets to airlines this summer won’t disrupt the plane maker’s overall financial outlook for the year.

The Arlington, Va., aerospace company said Wednesday revenue rose 28% to $17.9 billion in the first quarter from the same period the previous year, beating analysts’ estimates. Boeing said it delivered 130 commercial aircraft in the three months ended March 31 as demand for new airliners remained robust.

What's News

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • Personalization Mall:
    Personalization Mall Coupon: 25% off
  • 1-800-Flowers.com:
    Exclusive! 20% off 1800 Flowers promo code
  • Target:
    Target Promo Code: 20% off Entire Order
  • Groupon:
    Groupon Promo Code - 30% Off Activities, Dining, More
  • Michaels:
    BOGO 50% off on Artist paper pads
  • Macy's:
    Macy's coupon - Sign up to get 25% off next order