Skip to main content

Boeing’s sales jump nearly 60% in 4Q, bolstered by strong rise in airplane deliveries

By The Associated Press

Boeing’s sales surged nearly 60% in the fourth quarter as the aerospace company digs itself out of a string of crises that tarnished its reputation. It was the strongest quarter of airplane deliveries since 2018.

Revenue soared to $23.95 billion from $15.24 billion for the three months ended Dec. 31. That topped the $22.6 billion that analysts polled by FactSet were looking for.

Boeing had 160 commercial deliveries in the quarter, more than double the 57 deliveries in the prior-year period.

Deliveries are an important source of cash for plane manufacturers since buyers typically pay a large portion of the purchase price when their orders are fulfilled.

“We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead,” Boeing CEO Kelly Ortberg said in a statement on Tuesday.

Arlington, Virginia-based Boeing moved to a profit of $8.13 billion, or $10.23 per share in the period. That compares with a loss of $3.92 billion, or $5.46 per share, a year earlier.

The current quarter included a $9.67 billion gain related to closing on the sale of parts of the Digital Aviation Solutions business.

Stripping out certain items, earnings were $9.92 per share. Wall Street was anticipating a loss of 44 cents per share.

In November it was determined that Boeing would not face a criminal conspiracy charge over two 737 Max jetliner crashes that killed 346 people, after a federal judge in Texas granted the government’s request to dismiss the case.

As part of a deal to drop the charge, Boeing agreed to pay or invest an additional $1.1 billion in fines, compensation for the crash victims’ families, and internal safety and quality measures. The agreement lets Boeing choose its own compliance consultant instead of getting an independent monitor.

A month before that, the Federal Aviation Administration said that it will allow Boeing to produce more 737 Max airplanes by increasing the monthly limit that it imposed after a door plug blew off an Alaska Airlines jet that the company built. Boeing can now produce 42 Max jets per month, up from 38.

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

By The Associated Press
BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
Read Next Story

Related Stories

Altria earnings fall short amid lower cigarette sales and competition for nicotine products

US applications for jobless benefits, a proxy for layoffs, tick down to 209,000 last week.

Dow to cut about 4,500 jobs as emphasis shifts to AI and automation