The announcement comes as Boeing’s air dominance unit competes for the U.S. Air Force’s Next Generation Air Dominance contract, plus builds fighters and UAS.
As expected, Boeing had a quiet month of orders and deliveries in May with just four 787s ordered and 24 deliveries, 19 of which were 737 MAX aircraft.
Favorable economic conditions point to consumer spending that will help drive more air travel demand through 2024 and into 2025, a Boeing market analyst said.
“Boeing is not the only one that is out there [struggling],” American CEO Robert Isom said during the Bernstein’s 40th Annual Strategic Decisions Conference.
Boeing latest Chief Safety Officer (CSO) report suggests frontline employees are better trained and more likely to speak up if they encounter a safety issue.