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CLAIM #9115 · The Boeing Company (BA) · 2023Q3 earnings call · Oct 25, 2023 · due Dec 31, 2023

We're going to exit this year with a little more than 100 of the return-to-service airplanes that we had at the end of 2020.

David Calhoun · CEO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

? Brian West: Yes. No, all of that is going to have to be something we talk about in January. Right now, we have to get the non-conformance behind us. We have to be able to hit this delivery range that we've just described. And we have a lot to do, but confidence we'll get there. And then we'll describe the shape of next year at the right time. I just don't want to get too far ahead of ourselves. And I do believe that as – I do believe next year will be better, and I do believe we'll exit next year better. How that folds up between halves, you're just going to have to give us a little bit more time as we work our way through our planning cycle and we get to January. Dave Calhoun: Noah, if I could just maybe add one thing to make sure everybody knows what, at least what I'm all focused on. We're going to exit this year with a little more than 100 of the return-to-service airplanes that we had at the end of 2020. That is what our shadow factories are focused on in a big way to make sure that we can bleed that down to basically nothing by the end of next year. So the pace at which we bleed that down, we complete that rework, deliver all those airplanes dictates a lot about that cash flow. It gets better every month. But it's going to be all about the pace at which we can do it and transfer that workforce into the production rate increases. So we need – there's a lot to know about that. We're going to give you our best shot at what that guidance looks like. But by way of proxy, that is a very important achievement for us. And I'm 100% focused on it, and I know Brian is and the team at BCA. Noah Poponak: Okay, thanks so much. Dave Calhoun: Yep. Operator: Thank you. Our next question is from David Str

Verify independently

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