MAAT INDEX

CLAIM #9112 · The Boeing Company (BA) · 2023Q3 earnings call · Oct 25, 2023 · due Dec 31, 2023

We do have a good line of sight to finish in the year, and the team is laser-like focused on meeting this updated set of numbers.

Brian West · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

s that you need to deliver high 30s or high 40s if you’re going to be at the upper end of your range. Just kind of the confidence level around that for November, December, I mean. And if you could update us on when you talked about the – in September, I think about the 75% of the MAX aircraft in storage had to be inspected. What’s the latest there? And just lastly, is there – is the – getting to 38 a month later in the year, does that impact any of your rate break decisions when you’re thinking about 2024? Thanks again. Brian West: Yes, sure. So October will be a little bit light, as I mentioned, with November and December being picked up. Remember, we had a number of airplanes that were ready to be delivered prior to this latest spear NOE, and now we have to work them through the system. We do have a good line of sight to finish in the year, and the team is laser-like focused on meeting this updated set of numbers. And then, of course, we feel good about the free cash flow that will be dragged along with that. In terms of the 75%, that is still the way to think about how we have to touch those inventory airplanes. As we’ve mentioned, we know the scope. We know what’s got to happen, and we’re working our way through finishing that work across that cohort of airplanes. So that has remained unchanged, and it’s just all the work we have to do in front of us, clear line of sight. And in terms of the rate breaks, largely speaking, we’ve had a master schedule out there for some time with the required rate breaks. Of course, we’re trying to get our way to 50 per month by the 2025, 2026 time frame. None of that’s changed. And we’re still focused on executing that once we can get to that 38 as we exit this ye

Verify independently

SEC filings for BA · Claim quote is verbatim from the 2023Q3 earnings call.