Boeing lost $2.222 billion in the last year. Revenue grew 17% and operating cash flow soared 70% in 2023.
The company avoids giving financial forecasts for 2024 pending the impact on its accounts. Boeing is taking steps to strengthen quality in the 737 program, including additional inspections at its factory and at major suppliers, increased oversight by airlines, and decided to halt 737 production for one day to refocus its employees in quality. The 737 program continues to deliver aircraft and its production rate is now 38 per month.