Boeing has recorded second quarter 2023 revenue of $19.8bn – an 18% lift on 2022 second quarter results – which the planemaker said reflected higher commercial volumes thanks to 136 deliveries. However, Boeing posted a $99 million operating loss and $149 net loss for the quarter, which was lower than expected. The company generated operating cash flow of $2.9 billion and free cash flow of $2.6 billion. Boeing’s backlog of $440 billion includes more than 4,800 commercial planes. Debt was $52.3 billion, down from $55.4 billion at the beginning of the quarter due to the pay down of maturing debt.
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