CLAIM #9054 · The Boeing Company (BA) · 2023Q2 earnings call · Jul 26, 2023 · due Dec 31, 2024
“If we didn’t see progress on those learning curves, we wouldn’t be giving you the guidance that we are going to be back to where we were.”
David Calhoun · CEO
In context
“d if so, do any of those contracts reach their end so that you can basically get better pricing going forward? Dave Calhoun: Yes. Let me just comment on that. Not really. So we’re going to have to live within this envelope with respect to pricing and contracts. We might get some ups here and there and modifications here and there, but I wouldn’t say that’s the answer to this. The answer is really to get a line that started from zero, because it was more or less dark, as Brian said, and get it up to pace. A couple of these products are – they are not the same old product. There is actually a lot of new, I will call it capabilities embedded in these products. You can imagine with what those are. I can’t talk about them on the call. And so we are just working our way through learning curves. If we didn’t see progress on those learning curves, we wouldn’t be giving you the guidance that we are going to be back to where we were. We do see progress. It’s not an act we haven’t seen before. It does take time, frustrating for everybody, but we are getting there. Cai von Rumohr: Thank you. Operator: Thank you. The next question is from Robert Spingarn from Melius Research. Please go ahead. Robert Spingarn: Hey. Good morning. Dave Calhoun: Good morning. Robert Spingarn: Dave, you have been really clear on no new airplane right now. But at the same time, you have talked about and Boeing is working on the Transonic Truss-Braced Wing aircraft, which seems to be a pretty exciting design for the narrow-body market. And while I know it’s early in that process, do you think it has a chance to enter service with current gen engines like the LEAP or the GTF and then maybe later take on a CFM rise? And then as a second part to t”
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SEC filings for BA ↗ · Claim quote is verbatim from the 2023Q2 earnings call.