Boeing Co. reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its recovery with higher output and more steady operations at its defense and services units.
The cash burn in the three months was $1.45 billion, less than the $2.61 billion estimated by analysts. Commercial aircraft deliveries rose 10% in period to 143 planes, pushing revenue up by 14% to about $22.2 billion.
