Boeing

In 2018 Boeing expects to deliver 815 aircraft; picture of impressive line-up

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Thanks to the global economic expansion Boeing expects to deliver between 810 and 815 commercial jets in 2018, and that’s another record year. 2017 was already a big success with 763 deliveries. Big rival Airbus expects to deliver 800 aircraft in 2018. By building 815 aircraft in one year this means that Boeing will deliver a Boeing aircraft every 10 hours and 48 minutes.

Boeing’s financial results are also looming, in 2017:

  • Record operating cash flow of $13.3 billion; repurchased 46.1 million shares for $9.2 billion
  • Revenue of $93.4 billion reflecting a record 763 commercial deliveries
  • Backlog remains robust at $488 billion, including a record 5,864 commercial aircraft
  • Cash and marketable securities of $10.0 billion provide strong liquidity

While its 2018 outlook is also positive:

  • Operating cash flow expected to increase to approximately $15.0 billion
  • Revenue guidance of between $96.0 and $98.0 billion reflects commercial deliveries of between 810 and 815
  • 2018 GAAP EPS of between $15.90 and $16.10; core EPS (non-GAAP)* of between $13.80 and $14.00

An impressive line-up of Boeing aircraft, from Boeing Field.

 

This post was published on 31 January 2018 20:23

Bart Noëth

Working for 25 years in the aviation industry, I changed my career and became a firefighter/EMT in 2021. I like to spend my free time with my two sons, girlfriend, family and friends. I love to travel, wine and dine and support my favourite football squad KV Mechelen. Once an Ironman 70.3 finisher and dreaming of completing a full distance.

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Bart Noëth

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