What Happened
Commercial Deliveries Reach Highest Level Since 2018 Amid Strong Market Conditions
Boeing reported second-quarter revenue of $24.6 billion, up 8% from a year earlier, driven by higher commercial airplane deliveries and increased defense volume. The company’s commercial deliveries reached their highest level since 2018, with 171 aircraft delivered during the quarter. President and Chief Executive Officer Kelly Ortberg said the company’s production and delivery levels have reached their strongest point since 2018, citing strong market conditions and a record backlog. This was reported by an unknown source.