CLAIM #9062 · The Boeing Company (BA) · 2023Q2 earnings call · Jul 26, 2023 · due Dec 31, 2023
“Although we still have confidence as we get out of the first half of this year, the second half will be better.”
Brian West · CFO
In context
“Brian, I wanted to ask about the 787 and kind of you talked about some confidence in the pace of the production ramps and deliveries there. First, any particular items to watch in the supply chain? And second, if you could start to help us think a little bit about deliveries next year because if you are building 60 or 70 planes and you are supposed to deliver most of the remaining inventory, it suggests potential for a pretty big delivery hall next year. So, both in terms of a, what is the potential for that to make sure that we understand what is and also so we don’t get overly exuberant about what it might be. Brian West: Well, I will be less than satisfying for you because I just can’t – I really can’t talk about next year delivery numbers. And it’s just not the right time to do that. Although we still have confidence as we get out of the first half of this year, the second half will be better. And then we will just want to make sure we are always sequentially improving. As it pertains to the 87, very proud of that team, given where they have been over the last couple of years. They have got the joint verification work, very steady, consistent. They are working on their share of escapes that they knock down as fast as they see them. And they are getting to production rates that are steady. And they are getting to that five per month by the end of the year is a big deal and no longer they are in the abnormal category. They are back towards a path where we expect them. And then there will be, obviously, increases from there to get to the 10 by ‘25, ‘26. So, there is nothing in particular right now that is a major worry be for 87. And the supply chain still feels like it’s getting”
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SEC filings for BA ↗ · Claim quote is verbatim from the 2023Q2 earnings call.