Boeing Turnaround Gathers Steam as Net Loss Narrows Sharply in 1st Quarter

The Boeing logo is displayed outside company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesBoeing CEO Kelly Ortberg’s aggressive turnaround plan announced in early 2026 appears to be taking hold, as the Arlington, Virginia-based aerospace manufacturer reduced its net loss by 77 percent in the quarter ended March 31.Boeing on April 22 reported a net loss of $7 million in the first quarter versus a net loss of $31 million in the same quarter of 2025.