With a 35% YoY revenue surge in 2Q25, Boeing continues to recover, but looming tariffs, another potential strike, and production challenges could hinder its momentum.
Boeing‘s recovery continues with a 35% year-over-year (YoY) increase in revenue for Q2 2025, totalling $22.7 billion. This growth comes as the company boosts its commercial plane deliveries and improves its financial stability. Net losses for the quarter dropped nearly 58%, down to $612 million from $1.4 billion last year.
In the first half of 2025, Boeing delivered 280 aircraft, marking the highest number since 2018. CEO Kelly Ortberg highlighted the company’s ongoing recovery plan, noting progress in stabilising operations and increasing production rates, particularly for its 737 Max models.
The production rate reached 38 planes per month in Q2, following extensive efforts to address safety concerns and production issues in the wake of the 2024 Alaska Airlines and June 2025 Air India incident.
However, Boeing’s recovery faces potential setbacks, particularly with ongoing tariff risks. The company anticipates tariffs could impact its operations, with a $500 million cost expected if trade deals with key markets, including Canada and China, are not finalised by mid-August.
Despite this, Boeing remains hopeful due to recent trade agreements, such as with the European Union and Japan.
Additionally, Boeing could face another workers’ strike later this month. Negotiations with the International Association of Machinists and Aerospace Workers (IAM) over a new contract for employees at Boeing’s defence facilities in Missouri and Illinois have stalled. The union rejected the company’s latest offer, and a potential strike could occur as soon as August 4.
Boeing has activated its contingency plans but is optimistic that, if a strike happens, it can manage the situation given the smaller workforce in these locations compared to its West Coast sites.
The company faced a nearly two-month work stoppage last year, when 33,000 workers at Boeing’s West Coast commercial aircraft facilities went on strike, resulting in a massive $11.8 billion loss in 2024.
