Xinhua News Agency, San Francisco, January 25 (Reporter Wu Xiaoling) The fourth-quarter financial report for 2022 released by Boeing on the 25th showed that the company had a net loss of approximately US$663 million for the quarter; Expanded by about 18%; at the same time, several of its revenues and commercial aircraft quarterly and annual deliveries increased year-on-year.
The financial report shows that Boeing’s revenue in the fourth quarter of last year was about 20 billion U.S. dollars, a year-on-year increase of 35%, which was lower than market expectations.
The company's full-year 2022 revenue will be about $66.6 billion, up 7% from 2021.
Driven by the increase in commercial aircraft deliveries, Boeing Commercial Airplanes' annual revenue was approximately US$9.2 billion, a year-on-year increase of 94%.
The company delivered 152 civil aircraft in the fourth quarter of 2022, a year-on-year increase of 54%; and delivered 480 civil aircraft throughout the year, a year-on-year increase of 41%.
In addition, Boeing's 2022 free cash flow will be $2.29 billion, the first time the company has achieved positive free cash flow since 2018.
Boeing President and CEO Dave Calhoun said that 2022 is an important year for the company's recovery, but "challenges remain" and Boeing will continue to focus on promoting the stability of operations and supply chains.
According to the financial report, the output of the Boeing 737 project is currently 31 per month. The company plans to increase the production of this model to about 50 per month in two years, and increase the production of Boeing 787 to 5 per month by the end of 2023.