Boeing reported a first-quarter loss of $355 million as it continues to face challenges following a mid-air blowout incident involving a 737 Max 9 jet. The aerospace giant's revenue fell to $16.57 billion, a decline of 8% year-over-year, despite surpassing analyst expectations of $16.25 billion. The company's adjusted loss per share was $1.13, better than the forecasted loss of $1.72. Boeing's CEO, Dave Calhoun, highlighted the company's focus on improving quality and safety amid these challenges. The firm also reported a negative operating cash flow of $3.36 billion and a negative adjusted free cash flow of $3.93 billion. Boeing has slowed 737 Max production to below 38 units per month and plans to largely deliver its 737 and 787 inventory by year-end.