Boeing Targets $10B Free Cash Flow by 2029 as 737 Stabilization Slips
CEO Robert Ortberg outlined a path to $10 billion in free cash flow by 2029. Boeing expects to reach a production rate of 47 jets monthly in 2027, later than expected.
Boeing Co. (BA) stock is heading for a weekly loss as CEO Robert Ortberg outlined a path to $10 billion in free cash flow by 2029, with the company’s 737 production stabilization taking longer than expected. Boeing expects to reach its target production rate of 47 jets monthly in 2027, with cash fl…