Boeing workers are represented by leaving a door under an image of a Boeing 737-800 plane while Boeing Factory 737 teams hold the first day of a “quality stand” for the 737 Renton program, Washington, January 25, 2024.
Jason Redmond | AFP | Getty images
BoeingCash burns are softening this quarter and its factories are improving, the finance chief of the aerospace giant announced on Wednesday, while the company works to turn a corner on several manufacturing and safety crises.
Boeing shares jumped 6% in the morning trade after optimistic comments from CFO Brian West.
“We think we have started for the year,” West said at a Bank of America Investor conference. He said that improving cash burns could be in “hundreds of millions” in dollars.
West has also rejected immediate concerns about the prices proposed by President Donald Trump, but said any impact depends on the duration of uncertainty.