Boeing $5.5 Billion Tab for 787 Eclipses Rare Cash Flow Gain
- Free cash flow is positive for first time since early 2019
- Planemaker increases production of 737 to 26 jets a month
Boeing reported a fourth-quarter loss of $7.69 a share on the 787 charges.
Photographer: Stuart Isett/Bloomberg
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Boeing Co. dropped as the planemaker recorded $5.5 billion in total costs for the 787 Dreamliner, wiping away any near-term profit for the marquee wide-body jet.
The charges also overshadowed some rare good news.