MAAT INDEX

CLAIM #9216 · The Boeing Company (BA) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2025

I think they'll get easier for the sequential rate increases after that throughout the year. And as Brian said, we should exit next year in a much more, I'll call it, normal or recovered fashion.

Kelly Ortberg · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we should exit next year in a much more, I'll call it, normal or recovered fashion
Reported
July production is stabilizing at 42 airplanes per month, and we're continuing to see improvement in the program as its on-time delivery performance has improved threefold compared with the previous year

In context

creases. We're going to make sure that we take care of that. But I'm anticipating the first rate increase. This is going to be the first time that we've done it and the FAA has done it. And so I think the first one's probably going to be the hardest going beyond rate 38. And so we just can't be overly aggressive in how we're forecasting that because anything in aerospace, the first time you do it, it's hard. And this will be the first time. There's a lot of dynamics around both the technical part of rate increases and the political dynamics around our rate increases. So we absolutely have to make sure that we're not increasing rate when we're not ready. And I'm in direct lockstep with the FAA on that. So those are things -- I think the first rate increase is something for us all to watch. I think they'll get easier for the sequential rate increases after that throughout the year. And as Brian said, we should exit next year in a much more, I'll call it, normal or recovered fashion. Noah Poponak: Okay, thank you. Operator: Your next question comes from the line of Scott Deuschle from Deutsche Bank. Please go ahead. Scott Deuschle: Hey good morning. Kelly Ortberg: Good morning. Scott Deuschle: Kelly, just following up on supply chain. Can you provide more detail on how you're managing supply chain through this work stoppage? And also what specific steps you're taking to ensure that supply chain remains in a position to ramp up once the strike is over? And I asked because last time, there was a broad-based work stoppage and getting things back on track was clearly a challenge and frankly, we're still seeing the ghost of that 4 years later. And so just looking for some more clarity here on how we kind of avoid mistakes of the past. Thanks. Kelly Ortberg: Yes, the answer

Verify independently

SEC filings for BA · Claim quote is verbatim from the 2024Q3 earnings call.