CLAIM #8962 · The Boeing Company (BA) · 2022Q4 earnings call · Jan 25, 2023 · due Dec 31, 2023
“No, I'm sorry. Everything is on course for the 777X.”
David Calhoun · CEO
In context
“and probably for the 10 next year. So we like where that stands. Everybody's calm, the FAA, nobody ever put pencils down. So we're just going to progress. And like always, we're not going to tell you exact dates as to when we expect those certifications. So all feels good. And then yes, the legislation that was approved included some improvements that we put into our cockpit on the DASH 10 that everybody agrees are useful and helpful to pilots. And those largely software adjustments will be incorporated into the entire MAX fleet over several years. As Brian said, it's not a large number, but we provided for it, and we're confident we can meet those objectives provided the CERT and those improvements are accomplished here in the next year or two. Cai von Rumohr: And the 777X? Dave Calhoun: No, I'm sorry. Everything is on course for the 777X. And I think the only issue that has created some concern over the last couple of years has been our agreement with the ASO and some of the design principles that we think we're making terrific progress with ASO. And I think we will have a coordinated regulatory approach to the set, and so we're staying on our targets. Cai von Rumohr: Thank you. Operator: And next, we'll go to David Strauss with Barclays. Please go ahead. David Strauss: Thanks for taking the question. Good morning. Could you touch on the large pickup in 787 deferred the balance in the quarter, what that means going forward for the cash outlook on the 87? And also, Brian, if you could just touch on the big pickup that we saw in the BCA unit loss, is that just related to the higher 787 deliveries in the quarter? Thanks. Bri”
Verify independently
SEC filings for BA ↗ · Claim quote is verbatim from the 2022Q4 earnings call.