Boeing Stock Price, News & Analysis

Boeing [NYSE: BA] achieved a record $2 billion in e-commerce parts sales in 2021, driven by renewed investments in digital tools. The company saw a 15% increase in online revenue compared to pre-pandemic levels, with sales of commercial parts accounting for $1.5 billion. Boeing's enhanced e-commerce platform attracted five million visits globally, showcasing over 500,000 products. Leaders from Boeing emphasized their commitment to improving customer experience and digital solutions as the aerospace industry recovers.

Boeing (NYSE: BA) has secured a supply agreement for two million gallons of blended sustainable aviation fuel (SAF) from EPIC Fuels, marking the largest SAF procurement by an airframer. This initiative underscores Boeing's commitment to reduce aviation's carbon footprint, aiming for net-zero emissions by 2050. The SAF blend consists of 30% neat SAF and 70% conventional fuel, facilitating wider use across Boeing's operations in Washington and South Carolina. The move aligns with Boeing's goal to enable commercial airplanes to operate on 100% SAF by 2030.

Boeing (NYSE: BA) has launched the new 777-8 Freighter, expanding its 777X family with a landmark order from Qatar Airways for up to 50 aircraft, valued at over $20 billion. This order marks Boeing's largest freighter commitment to date and is expected to have a significant economic impact, supporting 35,000 U.S. jobs with an estimated annual contribution of $2.6 billion. The 777-8 Freighter boasts advanced technologies, improved fuel efficiency, and a range of 4,410 nautical miles, making it a formidable competitor in the market.

Boeing and China Airlines have announced an order for four 777 Freighters, valued at $1.4 billion. The addition of these freighters is part of China Airlines' strategy to enhance its air cargo capacity amid growing global demand. The 777 Freighter's operational efficiency and reliability are expected to contribute to the airline's profitability. In 2021, China Airlines' air cargo revenue soared by 186% compared to 2019, helping offset significant losses in passenger revenue.

Boeing reported fourth-quarter 2021 revenue of $14.8 billion, a 3% decline year-over-year, with operating cash flow of $0.7 billion. The company faced a GAAP loss per share of ($7.02) and a core loss per share of ($7.69). Full-year revenue was $62.3 billion, representing a 7% increase. Boeing generated 535 net commercial orders and holds a backlog of $377 billion. Notably, the 787 program incurred a $3.5 billion pre-tax charge, leading to anticipated delays in deliveries. The overall focus remains on safety, quality, and operational stability.

Boeing announced significant program deliveries for Q4 2021, indicating recovery in both commercial and defense sectors. Notable deliveries include 84 737s and 8 AH-64 Apache helicopters. The total commercial deliveries reached 99, up from 340 for the year, reflecting a sustained effort to rebuild after disruptions. The company will release detailed Q4 financial results on January 26, providing insights into the company's performance. The press release emphasizes Boeing's commitment to operational and financial recovery amidst ongoing challenges.

Boeing (BA) and Atlas Air Worldwide announced an order for four 777 Freighters, enhancing their fleet amid a record-setting year for Boeing's cargo aircraft. The order contributes to Boeing's projection of a 70% growth in the global freighter fleet over the next two decades, driven by rising e-commerce demands. The 777 Freighter boasts a range of 4,970 nautical miles and a maximum payload of 102 tonnes, optimizing fuel efficiency and operating costs for cargo operators. Additionally, Boeing has reported over 80 orders for new production and converted freighters as of November 2021.

The Boeing Company (NYSE: BA) is set to release its financial results for Q4 2021 on January 26, 2022. CEO David Calhoun and CFO Brian West will discuss the results and future outlook in a conference call at 10:30 a.m. ET.

Investors can access the event via webcast or by dialing designated numbers. The necessary materials will be available on the Investors section of www.boeing.com prior to the event. This quarterly report will provide crucial insights into Boeing's financial performance and business trajectory.