American aircraft manufacturer, Boeing (NYSE: BA), missed second-quarter expectations on both its revenue and earnings fronts. Despite this, at the time of writing, BA shares were up nearly 3% during pre-market trading as the company remains optimistic about achieving positive cash flows in 2022. Boeing reported robust deliveries for June 2022 as well as for the Q2 and six months ending June 30, 2022, which were accelerated by a pick-up in 737 Max deliveries. The company is also finalizing the terms to resume deliveries of its 787 Dreamliner jets. Notably, Boeing has a total backlog of $371.73 billion, represented by $297 billion from Commercial airplanes and $55.
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