Boeing Turnaround Gathers Steam as Net Loss Narrows Sharply in 1st Quarter

The company delivered 143 aircraft in the quarter, marking its highest number of first-quarter deliveries since 2019.

The Boeing logo is displayed outside company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty Images

Boeing CEO Kelly Ortberg’s aggressive turnaround plan announced in early 2026 appears to be taking hold, as the Arlington, Virginia-based aerospace manufacturer reduced its net loss by 77 percent in the quarter ended March 31.

Boeing on April 22 reported a net loss of $7 million in the first quarter versus a net loss of $31 million in the same quarter of 2025.