Boeing 2Q Revenue Falls Nearly $5 Billion Short of Estimates

The transcript discusses Boeing's financial results, highlighting a reported loss of $5.82, which includes the Max charge. Despite this, there are bright spots such as better-than-expected profitability in commercial and defense sectors, and a lower-than-expected use of cash flow. The discussion also covers the Boeing 737 Max grounding, with projections for its return to service in early Q4, and the impact on financial results. Additionally, the Boeing 777X program is progressing, but engine delays are expected to push the first flight to 2020, with potential regulatory impacts on delivery timelines.

What was the reported loss for the company?

What were the two bright spots mentioned in the report?

How did the free cash flow compare to expectations?

What assumptions did the press release make regarding the grounding of the Max?

What challenges are anticipated for the 737X program?