Boeing (BA) CFO says seen defects come down by 40%, via conference; Flat or possibly positive margins this year at BCA
Newsquawk Staff ·
- Sees a few years for new 737 line to reach normal levels
- Says it is on pace complete 737 Max 10flight testing by the middle of the year
- Is building 5 of its 777 family jets per month
- Expects 500 737 deliveries this year
- Will deliver 15 787 Dreamliners in Q1
- Expects 47 jet rate by year end
- Wiring impacted 737 jets to go through some rework
- Expect to deliver about 120 737 Jets In Q1
- Tp raise 787 output to 10/month later this year
- Says supply chain tighter at 737 rates beyond 47/month
What it means
Boeing's CFO has reported a significant reduction in defects, down 40%, which could suggest improving operational efficiency and cost control. The guidance of positive or flat margins this year at Boeing Commercial Airplanes (BCA) hints at stabilizing profitability, particularly as they ramp up deliveries across their 737 and 787 models. However, ongoing supply chain challenges and the timeline for new aircraft lines reaching normal production levels remain critical factors to monitor.
- Canada's Competition Bureau says proposed arrangements between Air Canada and United Airlines (UAL) would lead to higher prices, with the Transport Minister set to review the findings of its investigation
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler
- Daily US Conference Calendar - 28th October 2026: JNJ, BA, CAT
- Newsquawk US Market Wrap - Stocks gain as AI fears fade while strong data supports the buck
Related headlines
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports23 min ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings38 min ago
- Verisk (VRSK) integrates insurance intelligence with Amazon (AMZN) and Microsoft (MSFT) AI platforms1 hour ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago
- T-Mobile (TMUS) CEO to step down from the board1 hour ago
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V2 hours ago
- Amphenol (APH) Q3 2026 (USD): Adj. EPS 0.80 (exp. 0.73), Sales 10.2bln (exp. 9.49bln)2 hours ago
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call2 hours ago
- Etsy Inc. (ETSY) Q3 2026 (USD): EPS 1.00 (exp. 0.77), Revenue 692mln (exp. 668mln)3 hours ago
- Etsy (ETSY) CFO Baker is to leave on March 1st 2027, will remain an advisor through July 1st 20273 hours ago
- Garmin Ltd. (GRMN) Q3 2026 (USD): Adj. EPS 2.76 (exp. 2.41), Revenue 1.99bln (exp. 1.99bln)3 hours ago
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)3 hours ago
- Aon (AON) Q3 (USD): Adj. EPS 3.36 (exp. 3.30), Revenue 4.1bln (exp. 4.08bln)4 hours ago
- GE Healthcare Technologies Inc. (GEHC) Q3 (USD): Adj. EPS 1.34 (exp. 1.20), Revenue 5.5bln (exp. 5.35bln), Adj. EBIT 913mln (exp. 838.8mln)4 hours ago
- GE Vernova Inc. (GEV) Q3 (USD) Revenue 12.6bln (exp. 11.99bln), Adj. EBITDA 1.9bln (exp. 1.69bln). Current FY Rev. 46-5-47.5bln (exp. 46.33bln)4 hours ago