Boeing Has Bottomed. It Could Recover Quickly. (From Forbes)

Boeing’s second-quarter results, released Wednesday, were a mixed bag. However, looking beyond the numbers, there is evidence that recovery from its recent rough patch is well under way. The company will likely deliver 400 737 narrowbody jetliners this year, and the highly profitable 787 Dreamliner will resume deliveries after a hiatus due to production issues. New variants of the Max are likely to be certified by FAA in the third quarter, and the 777X is headed for initial deliveries in three years. Boeing Global Services is going gangbusters. Boeing Defense & Space disappointed, but it now has a new leader who is expected to lead a long-overdue turnaround. The potential is there for a fast turnaround in Boeing’s fortunes if the stars align. I have written a commentary for Forbes here.