By James Willhite
Shares of Boeing climbed 2.8% ahead of the bell after the airplane maker reported a bigger-than-expected loss , but its cash-flow numbers sharply beat forecasts.
Deliveries of the company's 787 Dreamliner jets have been on hold for much of the last two years as it resolves production issues with U.S. air-safety regulators.
The hold-up has choked off an important source of cash. But for the recent period, free-cash flow improved to negative $182 million, beating expectations of negative $1.01 billion. It also said it was on track for a full-year cash-flow surplus.
Last week, the company sold five more 787 Dreamliners to aircraft-leasing company AerCap Holdings, and it recently reached deals for its narrow-body 737 MAX.
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July 27, 2022 08:31 ET (12:31 GMT)
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