Boeing recorded fourth-quarter 2022 revenue of $20bn but at the same time reported a loss of $633 million, or core loss per share of $1.75.
The manufacturer, which during the quarter received a history-making order from United Airlines for up to 200 new aircraft, said on January 25 that it generated $3.5bn operating cash flow over the period, during which it also reported a production backlog of over 4,000 commercial aircraft and said it faced "abnormal" costs of production.
"While challenges remain, we are well positioned and are on the right path to restoring our operational and financial strength," said Dave Calhoun, Boeing president and chief executive.
The backlog was by January 25 around 4,500 and worth $330bn, Boeing said, though it claimed "higher deliveries" of new aircraft during Q4 2022, when it received orders for 376. It aims to up 737 output from 31 a month to 50 by 2025/26, by which time it aims to be making 10 787s, double the current monthly output.
"Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond. We are investing in our business, innovating and prioritising safety, quality and transparency in all that we do," Calhoun added.