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Boeing Reports Strongest Revenue in 6 Years

July 29, 2025
in News
Boeing Reports Strongest Revenue in 6 Years
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Boeing reported $22.7 billion in revenue in the three months that ended in June, its biggest quarterly haul in six years, an indication of the progress the company has made in producing and delivering commercial planes after a series of damaging crises.

Boeing still reported a loss of $612 million in the quarter, but that was a substantial improvement over the $1.4 billion loss during the same period a year earlier.

“We’re just over halfway through 2025, and I’m pleased with our progress,” Kelly Ortberg, the company’s chief executive, said in a message to employees. “Change takes time, but we’re starting to see a difference in our performance across the business.”

Mr. Ortberg, a longtime aerospace executive, joined the company last August as it sought to recover from its latest crisis, caused by a poorly installed panel that blew off a Boeing 737 Max jet during a flight early last year. No one was killed, but the episode resurfaced widespread concerns about Boeing’s planes five years after two fatal crashes involving the Max.

The new chief executive ordered changes aimed at improving quality and safety. And the company has steadily increased production and deliveries of its passenger planes since. Boeing delivered 280 commercial jets in the first half of this year, the most in the first six months of any year since 2018, before the fatal Max crashes.

Boeing has also increased production of the Max to 38 planes per month, a ceiling the Federal Aviation Administration imposed after the panel blowout. Mr. Ortberg said the company was planning to ask the F.A.A. for permission to increase production to 42 Max jets a month when internal quality metrics indicated that it was safe to do so. The company has also increased production of the 787 Dreamliner, a larger, twin-aisle plane, to seven jets per month.

New orders for the company’s planes have improved, too, with more than 420 commercial jets ordered in the second quarter. That was its best quarterly sales since late 2023. Those orders may have been boosted by trade deals struck by President Trump, several of which included commitments from other countries to buy Boeing planes, though experts said many such orders might have been placed anyway.

During Mr. Trump’s visit to the Middle East in May, Qatar Airways announced plans to buy as many as 210 of Boeing’s bigger, twin-aisle jets, the 787 Dreamliner and 777-9, which has yet to be certified to carry passengers. It was the largest order Boeing has received for such planes. In all, the company said, it received orders for 5,900 planes, a value of $522 billion.

The company’s share price was up about 1.5 percent in early trading on Tuesday.

In addition to the improvements in production and sales, Boeing and the rest of the aerospace industry scored a major victory this week when the United States and the European Union reached a trade deal that spared planes and their parts from tariffs.

The company was again thrust into the spotlight in June when a 787 Dreamliner operated by Air India crashed, killing 260 people. But a preliminary report from the Indian authorities focused on the movement of switches that control the supply of fuel to the plane’s engines, which experts said were probably moved by one of the pilots — intentionally or accidentally. Bryan Bedford, the newly appointed F.A.A. administrator, also recently reportedly said he had a “high level of confidence” that there was no mechanical problem with the plane’s fuel control switches.

Despite its recent progress, Boeing has challenges ahead, including whether it can sustain and increase the pace of production and avoid any further crises. Mr. Ortberg also said on Tuesday that he now expected certification of the smallest and largest variants of the Max — the Max 7 and Max 10 — to slip into next year because a technical fix for the engine’s anti-icing system was taking longer than expected.

Last year, a two-month strike brought production of the Max to a near standstill. The company is now facing the prospect of another strike, this time by workers in Missouri and Illinois, who work on fighter jets and other military programs. More than 3,200 of those workers, who are represented by the International Association of Machinists and Aerospace Workers, voted to reject the company’s latest contract offer on Sunday, when the current contract expired. That vote started a one-week countdown to the start of a strike.

Niraj Chokshi is a Times reporter who writes about aviation, rail and other transportation industries.

The post Boeing Reports Strongest Revenue in 6 Years appeared first on New York Times.

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