Boeing Shares Jump as CFO says that the cash burning of the aircraft manufacturer is decreasing


Boeing workers are photographed that leave a door under an image of a Boeing 737-800 plane, since Boeing 737 teams have the first day of a “quality position” for program 737 in Renton, Washington, on January 25, 2024.

Jason Redmond | AFP | Getty images

BoeingThe cash burn is relieving this quarter and its factories are improving, said the Chief of Finance of the aerospace giant, since the company works to give a corner in several manufacturing and safety crises.

Boeing actions increased 6% in morning negotiation after the optimistic comments of CFO Brian West.

“We believe we have had a good start for the year,” West said at a Bank of America investor conference. He said that the improvement of cash burns could be in the “hundreds of millions” of dollars.

West also eliminated immediate concerns about the rates proposed by President Donald Trump, but said that any impact depends on how much uncertainty lasts.

Read more news from the CNBC airline

scroll to top