Boeing reported its second-quarter 2025 earnings with revenue reaching $22.75 billion, surpassing analyst estimates of around $21.68 billion. The company delivered 150 commercial airplanes during the quarter, including ramping up production of the 737 MAX to 38 units per month and the 787 program to seven units per month. Despite reporting a GAAP net loss of $612 million and an adjusted core loss per share of $1.24, both were better than expected. Operating cash flow improved to $227 million, and adjusted free cash flow loss narrowed to $200 million, significantly better than prior estimates and the previous year's figures. Boeing's CEO described the quarter as part of a turnaround year, highlighting recovery from previous regulatory challenges and production disruptions. Meanwhile, Airbus reported its first-half 2025 revenue of €29.61 billion with an adjusted EBIT of €2.20 billion and an EPS of €1.93. Airbus's adjusted free cash flow was negative €1.61 billion, with Q2 adjusted EBIT at €1.58 billion, exceeding estimates. The company maintained its 2025 guidance amid ongoing production ramp-up of the A320.