Boeing's Q1 results show positive performance despite supply chain disruptions

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Boeing's Q1 results show positive performance despite supply chain disruptions
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The aviation giant plans to up its monthly 737 Max production to 38 planes.

, showing revenue of $17.9 billion but also recording a loss of $0.69 per share.

Commercial airplanes were a significant factor in the Q1 revenue increase, with Boeing delivering 130 airplanes during the quarter. However, the company experienced disruptions in its Throughout the quarter, Boeing received orders for a total of 107 aircraft. Furthermore, the company received commitments for 190 737 MAX, 141 787, and 10. In the same period, the company delivered 130 planes, and its backlog stood at over 4,500 aircraft worth $334 billion.

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