Boeing's quarterly results top expectations as airplane deliveries pick up pace

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Boeing's quarterly results top expectations as airplane deliveries pick up pace
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Boeing said earlier this year it planned to raise monthly production of its best-selling 737 Max planes to 38 jets a month by mid-year.

The manufacturer has benefitted from a return of air travel and aircraft demand.Follow your favorite stocksAn employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, January 10, 2020.'s second-quarter results topped analyst expectations thanks to a pickup in commercial aircraft deliveries as the manufacturer increases production.

The company generated $2.6 billion of free cash in the quarter and reiterated its full-year guidance of between $3 billion and $5 billion of free cash flow.

"With demand strong across our key markets, it is important that we stay focused on execution and on driving stability in our factories and supply chain to ensure we meet our customer commitments," CEO Dave Calhoun said in a message to employees on Wednesday.

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