Boeing appears to be slowly recovering after a number of financially challenging years. The first quarter results of 2025 demonstrate a positive trend for the American aircraft manufacturer.
In the first quarter of 2025, Boeing achieved a revenue of 19.4 billion US dollars (€17.1 billion). While the manufacturer still dealt with an operating loss of $86 million in the first quarter of 2024, the company has now reported an operating profit of $461 million (€406 million). Although Boeing continues to incur a net loss of $31 million after taxes, this represents a significant improvement compared to the previous year.
A key factor in this growth is the substantial reduction in the company’s expenses. In the first quarter of last year, Boeing spent $3.3 billion. Though, this figure has more than halved to just $1.6 billion a year later.
Aircraft
Boeing’s aircraft production also increased. A major concern remains the 737 MAX. Following several incidents involving the aircraft, with the Alaska Airlines incident as a recent low point, the FAA only permitted the company to build 38 MAX aircraft per month. For a long time, this number was not achieved, but production is now steadily increasing. CEO Kelly Ortberg expects Boeing to reach the maximum monthly production level for the 737 MAX sometime this year.
Furthermore, the total number of deliveries also increased. In the first quarter of 2024, the American company delivered 83 aircraft to its customers, while this number rose to 130 in the same period a year later. Boeing also anticipates that the production of the 787 will eventually increase from the current five to seven aircraft per month.
Uncertainty
Despite these positive figures, Boeing’s future is far from certain, partly due to the ongoing global tensions surrounding Trump’s trade war. For example, China has indicated that American aircraft are no longer welcome in the country, and several airlines have already returned Boeing aircraft to America.