Boeing stock ready for takeoff?

Boeing (NYSE: BA) shares has risen from its post-pandemic lows at $113.02 to halve its year-to-date losses (-24 percent ). While the epidemic destroyed Boeing, the tourism sector has rebounded

North American and European commercial traffic is at its greatest level since pre-COVID 2019, but China trails. Southwest Airlines, Delta Air Lines, and United Airlines are major clients

Boeing reported second-quarter 2022 earnings on Jan. 19, 2022. The company reported an EPS loss of (-$0.37) excluding non-recurring items a (-$0.27) miss. Revenues decreased 1.9% YoY to $16.68 billion

below analyst projections of $17.53 billion. Positive operational cash flow surpassed $100 million. $372 billion in backlog orders, including 4,200 commercial planes

CEO Calhoun began the call by recapping the Farnborough Air Show, where he saw the 777X in flight and discussed Wisk's eVTOL investment. They visited with suppliers, clients, and partners 

 and acquired over 200 orders and commitments that week for the 737MAX through the 777X. 

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