CLAIM #9303 · The Boeing Company (BA) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025
“As it pertains to China specifically. And we talk about 50 or so airplanes that it could be north of a billion dollars. But as I said it's all contemplated within a conservative plan that we put together.”
Brian West · CFO
In context
“ave this duty drawback opportunity to get to that net a few hundred million dollars. And I would point out that we have a global trade and supply chain team that have decades of experience with tariffs and duty recovery. And when you're one of the world's biggest exporters we really have a good handle on this. So we feel confident in some of the ways that we've been describing this. I'd also say that keep in mind that over time any input related costs will work its way through to price escalators. So it should mostly neutralize over time. And then in addition to what Kelly said about the suppliers as you know many are on fixed price life of program contracts where the [importer] [ph] record does pay the tariff. And as Kelly said we're doing what we can to help them through this situation. As it pertains to China specifically. And we talk about 50 or so airplanes that it could be north of a billion dollars. But as I said it's all contemplated within a conservative plan that we put together. So we feel pretty good. Operator: Your next question comes from the line of Scott Deuschle from Deutsche Bank. Your line is open. Scott Deuschle: Brian on the last call you seem to reference that the free cash flow usage for the year will be somewhere in the $4 billion to $5 billion range. I guess can you give an update on how you're thinking about that specific range as well as some further characterization of the free cash flow cadence as we move through the year. Thank you. Brian West: Sure. Thanks Scott. So we start with the second quarter. So we expect the second quarter to be roughly in line with the first quarter usage. And as we've said we expect the second half free cash flow to turn positive and then accelerate as we exit the year driven by a few really important levers. The 737”
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SEC filings for BA ↗ · Claim quote is verbatim from the 2025Q1 earnings call.