The number one company which helps the US selling products to the world or export sales is Boeing. Their planes fly in every country in the world and for every country, have an airline or more than one is very important for the country. As the world continues to fly, Boeing is there to sell planes.
In an article from Reuters, Boeing made a 4th quarter profit driven by the sale of its digital aviation services, as well as rising jet output and stronger deliveries.
The company continued to increase the output of its two most popular jetliners – the 737 Max and 787, which helped it to produce a positive free cash flow.
Boeing made 42 planes a month of its 737 Max and want to increase that number to 47 a month. Boeing produces 8 787 a month.
Boeing earned $8.22 billion or $10.23 a share for the quarter, compared with a loss of $3.86 billion or $5.46 a share last year.
Boeing’s revenues for the 4th quarter rose 57% to $23.95 billion
Linking to dividend paying stocks, a few years ago, a door fell off of the 737 Max flight and Boeing had to ground its fleet and check all the doors. The stock price went down; it has taken a few years to regain its profitability and that is a lesson for everyone. For a good company, when the stock falls, put it on your watchlist and follow developments. Think about the sales after the season is down, stores need new inventory. There will be a time delay be
There are more questions than answers, till the next time – to raising questions.