Boeing reports its biggest quarterly haul in 6 years

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.

- NIRAJ CHOKSHI

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 ago.

"We're just over halfway through 2025, and I'm pleased with our progress," CEO Kelly Ortberg 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 in August as it sought to recover from its latest crisis, caused by a poorly installed panel that blew off a Boeing 737 Maxjet 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 CEO 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.