The plane maker, which has been trying to recover from a quality crisis, could lose orders in China as a result of President Trump’s tariffs.
Boeing said on Wednesday that it was making progress toward increasing production of its commercial planes and stabilizing its business after a quality crisis, but the company is facing new threats of disruption from President Trump’s trade war.
The company lost $31 million in the first three months of this year, a smaller loss than analysts had expected. In the same period last year, the company lost more than $350 million.
Boeing’s most recent crisis began when a poorly installed panel blew away from a relatively new plane during a flight in January 2024. A two-month worker strike in the fall also stalled production of the 737 Max, Boeing’s best-selling plane.
The company delivered 130 planes in the first quarter, up from 83 a year earlier. It also secured a contract to build the Air Force’s newest fighter jet, the F-47, and brought in $19.5 billion in revenue during the quarter, an 18 percent increase.
“There is a lot of good work happening across our teams, and we are seeing positive results,” Boeing’s chief executive, Kelly Ortberg, said in a message to employees, describing 2025 as “our turnaround year.”
Boeing’s share price closed up 6 percent on Wednesday.
On Tuesday, the company announced plans to sell several digital businesses for $10.5 billion to Thoma Bravo, a private equity firm.