Boeing expects to deliver 900 planes in 2019


FE Team | Published: January 30, 2019 18:50:48 | Updated: February 01, 2019 09:54:15


Boeing expects to deliver 900 planes in 2019

World’s biggest plane maker Boeing Co expects to deliver between 895 and 905 commercial aircraft in 2019, up from the 806 units it delivered last year.

The company forecast operating cash flow in a range of between $17 billion and $17.5 billion in 2019, compared with cash flow of $15.32 billion in 2018, and above analysts’ average estimate of $16.73 billion, according to IBES data from Refinitiv, reports Reuters on Wednesday.

Boeing’s core earnings rose to $5.48 per share in the fourth quarter ended Dec. 31, from $5.07 per share a year earlier, and came in above Wall Street’s estimate of $4.57 per share.

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