BOEING (BA) Company Report

United Airlines has removed the Airbus A350-900 from its near-term expected fleet deliveries in its 2025 10-K amid a legal dispute with Rolls-Royce over a 2010 engine purchase and maintenance agreement, seeking recovery of a $175 million commitment.
Rolls-Royce denies breaching the contract and asserts compliance, with both parties claiming the other owes money as legal proceedings continue.
United’s 45 contracted A350s—previously deferred (from 2022 to 2027)—are now slated to arrive only after 2027 with no set timetable.
CEO Scott Kirby had signaled that decisions on the A350 program would extend to around 2030 before the dispute emerged.

5 days ago

Bloomberg

Safran posts FY25 profit, upgrades FY28 outlook

Earnings

Dividends

Guidance Update

Safran reported 2025 revenue of €31.3 billion, recurring operating income up 26% to €5.2 billion, and adjusted net income of €3.17 billion, driven by robust aftermarket activity and higher LEAP engine deliveries.
Full-year net income (group share) was €7.18 billion versus a €667 million loss in 2024; EPS €17.17 compared to a loss per share of €1.60 the prior year.
Proposed €3.35 per-share dividend, a 16% increase versus the prior year, representing about a 40% payout ratio of adjusted net income.
FY26 guidance calls for mid-teens revenue growth, recurring operating income of €6.1–6.2 billion, and free cash flow of €4.4–4.6 billion; 2028 targets upgraded to €7.0–7.5 billion ROI and €21 billion cumulative free cash flow.

5 days ago

WSJ

Boeing plans 63-plane monthly 737 production

New Projects/Investments

Hiring

Boeing to add a new 737 final-assembly line at its Everett, Washington plant, with tooling installed in an existing widebody facility and the line expected online by mid-year.
Aims for a 15% output increase over the next 18 months, lifting monthly rates from the high-30s into the mid-40s and ultimately reaching 63 jets per month.
Hiring mechanics and engineers to support the ramp-up, which executives deem critical for Boeing’s financial turnaround and debt reduction.
CEO Kelly Ortberg is driving cultural and management changes, urging suppliers to align on quality and reliability as production scales.

7 days ago

Bloomberg

Boeing delivers 46 jets and logs 107 January orders

Boeing delivered 46 jets in January—its third-highest January on record—including 38 737 MAXs and 5 787 Dreamliners.
The company secured 107 new orders, with 4 cancellations yielding roughly 103 net orders, and ended the month with a backlog of about 6,196 aircraft.
Major agreements featured Delta’s purchase of 30 787-10s, alongside orders from Aviation Capital Group (50 737 MAXs), Air India (20 737 MAXs) and EVA Air (4 787s).
Boeing outpaced Airbus in January, surpassing Airbus’s 19 deliveries and 49 gross orders, and shipped 9 widebody jets.

7 days ago

Morningstar

Aeroméxico reports January 2026 traffic results

Demand Weakening

Guidance Update

Aeroméxico transported 2.053 million passengers in January, a 1.8% year-over-year decline, driven by a 4.2% drop in domestic traffic and a 2.7% rise in international traffic.
Total capacity (ASMs) fell 2.3% year-over-year, with domestic ASMs down 3.6% and international ASMs down 1.7%.
Demand (RPMs) grew 1.1%, as international RPMs rose 3.8% despite a 5.0% decrease in domestic RPMs.
Load factor improved by 2.9 percentage points to 87.0%, led by a 4.7 p.p. increase for international routes.
CEO Andrés Conesa said capacity is expected to resume growth in Q2 2026, underscoring a focus on sustainable, disciplined network management.

Feb 5, 2026, 10:02 PM

Press Release

Boeing signs Air Cambodia order for up to 20 737 MAX jets

New Projects/Investments

Boeing and Air Cambodia finalized a firm order of 10 737-8 jets with options for 10 more, marking the airline’s largest single-aisle purchase and first Boeing aircraft acquisition.
The 737-8 seats up to 178 passengers over a range of 3,500 nm and delivers 20% lower fuel use and emissions than the aircraft it replaces, aiding Air Cambodia’s regional growth.
Announced at the Singapore Airshow, the deal enables Air Cambodia to launch direct services across North and Southeast Asia while modernizing and expanding its fleet of six single-aisle and regional jets.
Boeing projects Southeast Asian carriers will need nearly 5,000 new airplanes over the next 20 years, with single-aisle jets comprising more than 80% of deliveries.

Feb 3, 2026, 7:08 AM

Press Release

Boeing secures Air India order for 30 more 737 MAX jets

New Projects/Investments

Air India ordered 30 additional Boeing 737 MAX aircraft (20 737-8 and 10 737-10), expanding its Boeing order book to nearly 200 airplanes across single-aisle and widebody families.
The airline exercised existing options for 20 737-8s this month and disclosed a previously unidentified order for 10 737-10s on Boeing’s Orders & Deliveries website.
New deliveries will bolster Air India’s domestic and regional network with fuel-efficient, high-reliability single-aisle jets.
Boeing forecasts the Indian and South Asian region will need nearly 3,300 new airplanes over the next two decades, with 90% being single-aisle jets like the 737 MAX.

Jan 29, 2026, 4:58 PM

Press Release

Boeing: Air India Exercises Options for 30 737 MAX

New Projects/Investments

At Wings India 2026, Air India exercised options for 30 Boeing 737 MAX narrowbodies (20 737-8s, 10 737-10s) and converted 15 A321neo orders to A321XLRs, bringing its total Boeing commitments to 250 aircraft.
Boeing’s backlog for Air India now shows 198 Boeing jets remaining to be delivered: 169 737 MAXs, 19 787s, and 10 777s.
Air India has roughly 600 firm aircraft commitments across Airbus and Boeing after the latest additions and conversions.
Boeing reported Q4 EPS of $9.92 and sales of $23.9 billion, exceeding expectations despite a subsequent 1.6% and 1.2% stock decline on consecutive days.

Jan 29, 2026, 1:25 PM

Morningstar

Boeing reports Q4 2025 earnings and operational progress

Earnings

M&A

Guidance Update

Q4 revenue of $23.9 B, up 57% year-over-year, with core EPS of $9.92 reflecting an $11.83 B gain on the Jeppesen divestiture; free cash flow of $375 M in the quarter.
Commercial Airplanes delivered 160 jets in Q4 (600 in 2025, highest since 2018); Q4 revenue $11.4 B with –5.6% operating margin, backlog reached $567 B (6,100+ aircraft).
Defense and Services: BDS delivered 37 aircraft (Q4 revenue $7.4 B, margin –6.8% including a $565 M KC-46A loss; backlog $85 B, orders $15 B) and BGS posted $5.2 B revenue (adjusted margin 18.6%), with $10 B in Q4 orders and $30 B backlog.
Completed the Spirit AeroSystems acquisition and $10.6 B Jeppesen sale; guiding 2026 free cash flow of $1–3 B with capex around $4 B to support production rate increases.

Jan 27, 2026, 3:30 PM

Transcript

Boeing reports Q4 2025 results

Earnings

Boeing’s Q4 2025 revenue was $23.9 B, up from $15.2 B in Q4 2024.
Q4 operating margin improved to 36.7%, versus (24.7)% a year earlier.
Core EPS turned positive at $9.92, compared to a loss of ($5.90) in Q4 2024.
Free cash flow was $0.4 B, versus negative ($4.1 B) in the prior-year quarter.