What Happened
Jet Deliveries Climb, Cash Turns Positive Amid Turnaround
Boeing reported Q2 revenue of $24.6 billion, exceeding estimates, with jet deliveries driving positive free cash flow of $631 million. Commercial Airplanes revenue rose 8% to $11.8 billion, while Defense, Space & Security revenue climbed 13% to $7.5 billion. CEO Kelly Ortberg noted the importance of staying focused on safety, quality, and on-time performance to improve competitiveness. The news was first reported by Yahoo Finance.