Aviation Week&#x27;s Joe Anselmo, Michael Bruno, Jens Flottau and Guy Norris discuss recent earnings updates from Airbus and Boeing that saw the duopoly shrug off the Gulf War but note persisting supply chain issues. A freighter battle between the two is also heating up.

How's Business At Airbus And Boeing?

Aviation Week's Check 6 Podcast

Welcome to the Check 6 Podcast. I'm Joe Anselmo, Aviation Week's Editorial Director. And today we're here to talk about all things Airbus and Boeing. Joining me, our Business Editor, Michael Bruno, Propulsion Editor, Guy Norris, and Executive Editor for Commercial Aviation, Jens Flotao. So, Michael, let's jump right into this. Boeing rolled out their earnings last week, and the big news was that there was no big news.

Yeah, that's right. Boeing was boring, and that's great news for Boeing. The financial analysts who cover Boeing regularly all pretty much proclaim that this was the first, quote-unquote, clean quarter in years. Certainly a long time in regards to quarterly performance.

And by clean, they mean that there were no charges on any of the embattled defense programs, those contracts that have been really haunting them for years. There were no charges on any commercial program. All of the commercial programs seem to be performing to what executives have already said.

And Guy Norris can talk a lot more smartly about that than I can. But it was a clean quarter, and that's great news for two reasons. One, nobody likes financial surprises when there's a quarterly teleconference.

And two, what this also means is that Boeing is well on its way to a financial recovery of generating cash, finally. But just to kind of like put a fine point on it, Boeing reported $22 billion in revenue for the latest quarter, and that was up from $19.5 billion a year ago.

Their cash flow, while still negative for this quarter, is expected to be maybe the last quarter and definitely the second to last if they have to report any negative cash flow in the second quarter.

How's Business At Airbus And Boeing?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

How's Business At Airbus And Boeing?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.