On October 27, Boeing (BA.N) released its financial report on Tuesday, showing that its revenue in the third quarter reached $24.19 billion, with a loss of 26 cents per share and an adjusted loss of 34 cents per share, exceeding analysts' expectations of a 21-cent loss. Production challenges faced by the commercial aircraft division have undermined the positive impact of improved profit margins in other areas of the company. After years of crisis, controversy, reputational damage, and heavy debt, Boeing continued to advance its business recovery in the third quarter. During this period, U.S. regulators approved two new models of the 737 MAX series, the 737-7 and 737-10. Boeing also secured a contract for the U.S. Navy's sixth-generation F/A-XX fighter jet and achieved positive free cash flow for the second consecutive quarter. Revenue in the commercial aircraft division declined slightly to $10.7 billion, with an operating loss of $697 million and an operating margin of -6.5%. In its financial report, Boeing noted that the performance was affected by decreased profitability in passenger jet deliveries and rising production costs, particularly increased supply chain costs. Boeing has been struggling to increase the monthly production rate of the 737 model from 42 to 47 aircraft, with its CEO stating in September that wing production speed could not meet demand.
