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Boeing Stock Rallies as Finance Chief Details Recovery Plan
Boeing shares rallied 10% after the company’s finance chief comforted investors with more details about the aerospace giant’s gradual recovery.
Chief Financial Officer Jay Malave said the plane maker expects positive free cash flow in the “low single digits” in 2026. That implies the company will churn out more than $1 billion of cash next year.
Malave issued that upbeat projection despite an expected Justice Department settlement to be paid out next year and other capital spending that will drag on the balance sheet. This year, the company expects to report a negative cash flow of roughly $2 billion.
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