I believe that it will be bett_老虎社区_美港股上老虎

SharonTan
2021-04-29

I believe that it will be better when pandemic is over!

Boeing Reports First-Quarter Results<blockquote>波音公布第一季度业绩</blockquote>

Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late MarchRevenue

Boeing Reports First-Quarter Results<blockquote>波音公布第一季度业绩</blockquote>

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":100485373,"tweetId":"100485373","gmtCreate":1619630635692,"gmtModify":1634211187655,"author":{"id":3577232861954144,"idStr":"3577232861954144","authorId":3577232861954144,"authorIdStr":"3577232861954144","name":"SharonTan","avatar":"https://static.tigerbbs.com/9d3870833d21afa994fb7e3f3da29b5f","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>I believe that it will be better when pandemic is over!&nbsp;</body></html>","htmlText":"<html><head></head><body>I believe that it will be better when pandemic is over!&nbsp;</body></html>","text":"I believe that it will be better when pandemic is over!","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/100485373","repostId":1131226684,"repostType":4,"repost":{"id":"1131226684","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619609733,"share":"https://www.laohu8.com/m/news/1131226684?lang=zh_CN&edition=full","pubTime":"2021-04-28 19:35","market":"us","language":"en","title":"Boeing Reports First-Quarter Results<blockquote>波音公布第一季度业绩</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1131226684","media":"Tiger Newspress","summary":"Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late MarchRevenue","content":"<ul><li>Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late March</li><li>Revenue of $15.2 billion, GAAP loss per share of ($0.92) and core (non-GAAP)* loss per share of ($1.53)</li><li>Operating cash flow of ($3.4) billion; cash and marketable securities of $21.9 billion</li><li>Total backlog grew to $364 billion; Commercial Airplanes added 76 net orders</li></ul><img src=\"https://static.tigerbbs.com/df35589af277e681f37c4c43c785bf93\" tg-width=\"1442\" tg-height=\"604\" referrerpolicy=\"no-referrer\"><blockquote><ul><li>737 MAX安全恢复服务的持续进展；3月下旬恢复交付787台</li><li>收入为152亿美元，GAAP每股亏损为(0.92美元)，核心（非GAAP）*每股亏损为(1.53美元)</li><li>运营现金流为（34亿美元）；现金和有价证券219亿美元</li><li>积压订单总额增至3640亿美元；商用飞机净订单增加76架</li></ul></blockquote>The Boeing Company [NYSE: BA] reported first-quarter revenue of $15.2&nbsp;billion, primarily driven by lower 787 deliveries and commercial services volume, partially offset by higher 737 deliveries and higher KC-46A Tanker revenue (Table 1). GAAP loss per share of ($0.92) and core loss per share (non-GAAP)* of ($1.53) reflect year-over-year KC-46A Tanker improvement, higher 737 deliveries, and lower commercial airplanes period costs, partially offset by lower tax benefits and higher interest expense. Boeing recorded operating cash flow of ($3.4) billion.<blockquote>波音公司【纽约证券交易所代码：BA】报告第一季度收入为152亿美元，主要是由于787交付量和商业服务量下降，部分被737交付量增加和KC-46A加油机收入增加所抵消（表1）。GAAP每股亏损（0.92美元）和每股核心亏损（非GAAP）*（1.53美元）反映了KC-46A加油机同比改进、737交付量增加以及商用飞机期间成本降低，部分被较低的税收优惠和较高的利息支出所抵消。波音公司的运营现金流为34亿美元。</blockquote>\"I am proud of the progress our global team made across our business in the first quarter as we continued to transform our enterprise, strengthen our safety processes, and sustain critical investments for our future,\" said Boeing President and Chief Executive Officer Dave Calhoun. \"While the global pandemic continues to challenge the overall market environment, we view 2021 as a key inflection point for our industry as vaccine distribution accelerates and we work together across government and industry to help enable a robust recovery. Our balanced commercial, defense, space and services portfolio continues to provide critical stability for our business – and we remain focused on safety, quality and integrity as we deliver on our customer commitments.\"<blockquote>波音公司总裁兼首席执行官戴夫·卡尔霍恩(Dave Calhoun)表示：“我对我们的全球团队在第一季度在整个业务中取得的进展感到自豪，因为我们继续转型企业、加强安全流程并维持未来的关键投资。”“虽然全球大流行继续挑战整体市场环境，但我们认为2021年是我们行业的一个关键拐点，因为疫苗分发加速，我们与政府和行业共同努力，帮助实现强劲复苏。我们平衡的商业、国防、空间和服务组合继续为我们的业务提供关键的稳定性，并且在履行客户承诺时，我们仍然专注于安全、质量和诚信。”</blockquote><img src=\"https://static.tigerbbs.com/55840aaf08c35884cca0eb414cc6089d\" tg-width=\"1438\" tg-height=\"204\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Operating cash flow improved to ($3.4) billion in the quarter,&nbsp;reflecting timing of receipts and expenditures and higher 737 deliveries, partially offset by lower 787 deliveries and lower advance payments (Table 2).<blockquote>本季度运营现金流改善至（34亿美元），反映了收入和支出的时间安排以及737交付量的增加，但部分被787交付量的减少和预付款的减少所抵消（表2）。</blockquote><img src=\"https://static.tigerbbs.com/690d6b2e9849a66fa5a08a89f64301eb\" tg-width=\"1441\" tg-height=\"368\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Cash and investments in marketable securities decreased to $21.9 billion, compared to $25.6 billion at the beginning of the quarter, primarily driven by operating cash outflows&nbsp;(Table 3). The company refinanced $9.8 billion of debt in the quarter. Additionally, the company increased its revolving credit facilities by $5.3 billion to a total of $14.8 billion, which remain undrawn.<blockquote>现金和有价证券投资降至219亿美元，而本季度初为256亿美元，主要是由运营现金流出推动的（表3）。该公司本季度为98亿美元的债务进行了再融资。此外，该公司将其循环信贷额度增加了53亿美元，总额达到148亿美元，但仍未提取。</blockquote>Total company backlog at quarter-end was $364 billion.<blockquote>截至季度末，公司积压订单总额为3640亿美元。</blockquote>Segment Results<blockquote>分部业绩</blockquote>Commercial Airplanes<blockquote>商用飞机</blockquote><img src=\"https://static.tigerbbs.com/962725d1d62cf11f0d613a85e2304bc0\" tg-width=\"1442\" tg-height=\"326\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Commercial Airplanes first-quarter revenue decreased to $4.3&nbsp;billion, driven by lower 787 deliveries, partially offset by higher 737 deliveries (Table 4). First-quarter operating margin improved to (20.1) percent, primarily due to higher 737 deliveries and lower period costs.<blockquote>商用飞机第一季度收入下降至43亿美元，原因是787交付量下降，但部分被737交付量增加所抵消（表4）。第一季度营业利润率提高至(20.1%)%，主要是由于737交付量增加和期间成本降低。</blockquote>Boeing is continuing to make progress on the safe return to service of the 737 MAX worldwide. In addition, we are working closely with the FAA and our customers to address electrical issues identified in certain locations in the flight deck of select 737 MAX airplanes. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 85 737 MAX aircraft and 21 airlines have returned their fleets to service, safely flying more than 26,000 revenue flights totaling over 58,500 flight hours (as of April 26, 2021). The 737 program is currently producing at a low rate and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.<blockquote>波音公司在737 MAX全球安全恢复服务方面继续取得进展。此外，我们正在与美国联邦航空局和我们的客户密切合作，以解决在部分737 MAX飞机飞行甲板某些位置发现的电气问题。自FAA于2020年11月批准737 MAX恢复运营以来，波音公司已交付超过85架737 MAX飞机，21家航空公司已恢复其机队服务，安全飞行了超过26,000次收入航班，总计超过58,500飞行小时（截至2021年4月26日）。737项目目前的生产速度较低，预计将在2022年初逐步将产量提高到每月31架，并根据市场需求进一步逐步增加。公司将在监控市场环境和参与客户讨论的同时继续评估生产率计划。</blockquote>The company also resumed 787 deliveries in late March, following comprehensive reviews to ensure each airplane meets the company's highest standards. During the quarter, the 787 program consolidated final assembly to Boeing South Carolina and transitioned to the previously announced production rate of 5 aircraft per month.<blockquote>在进行全面审查以确保每架飞机都符合公司的最高标准后，该公司还于3月下旬恢复了787架飞机的交付。本季度，787项目将总装整合到波音南卡罗来纳州，并过渡到之前宣布的每月5架飞机的生产率。</blockquote>Commercial Airplanes continues to work closely with global regulators on all aspects of 777X development, including its rigorous test program, and the company still expects to deliver the first 777X in late 2023. As previously announced, the combined 777/777X production rate is transitioning to 2 aircraft per month.<blockquote>商用飞机公司继续在777X开发的各个方面与全球监管机构密切合作，包括其严格的测试计划，该公司仍预计在2023年底交付第一架777X。正如之前宣布的那样，777/777X的综合生产率正在过渡到每月2架飞机。</blockquote>Commercial Airplanes secured orders for 100 737 aircraft from Southwest Airlines, 25 737 aircraft from United Airlines, 23 737 aircraft from Alaska Airlines, and four 747 freighter aircraft from Atlas Air. Commercial Airplanes delivered 77 airplanes during the quarter and backlog included over 4,000 airplanes valued at $283 billion.<blockquote>商用飞机获得了西南航空100架737飞机、联合航空25架737飞机、阿拉斯加航空23架737飞机和阿特拉斯航空4架747货机的订单。商用飞机公司在本季度交付了77架飞机，积压订单包括4000多架飞机，价值2830亿美元。</blockquote>Defense, Space&nbsp;&amp; Security<blockquote>国防、太空与安全</blockquote><img src=\"https://static.tigerbbs.com/08af8bb2fe784a99f9d68fc882dc46c6\" tg-width=\"1440\" tg-height=\"246\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Defense, Space &amp; Security first-quarter revenue increased to $7.2 billion and first-quarter operating margin increased to 5.6 percent, primarily reflecting higher KC-46A Tanker revenue due to orders for 27 aircraft and the absence of charges related to the program, partially offset by a pre-tax charge of $318 million on the VC-25B program largely due to COVID-19 impacts and performance issues at a key supplier.<blockquote>国防、航天和安全第一季度收入增至72亿美元，第一季度营业利润率增至5.6%，主要反映了KC-46A加油机收入增加，原因是订购了27架飞机，并且没有与该计划相关的费用，部分被VC-25B计划3.18亿美元的税前费用所抵消，这主要是由于COVID-19的影响和主要供应商的性能问题。</blockquote>During the quarter, Defense, Space &amp; Security was awarded Lots 6 and 7 contracts for 27 KC-46A Tanker aircraft for the U.S. Air Force, a contract for 11 P-8A Poseidon aircraft for the U.S. Navy and the Royal Australian Air Force, and contracts for six Bell Boeing V-22 Osprey rotorcraft for the U.S. Navy and the U.S. Air Force. Defense, Space &amp; Security completed first flight and delivery of the F-15EX for the U.S. Air Force, successfully conducted the Space Launch System Green Run hot fire test, and began production of the T-7A Red Hawk Advanced Trainer. Other highlights for the quarter include first flight of the uncrewed Loyal Wingman aircraft for the Royal Australian Air Force and the first flight of the Japan KC-46 Tanker aircraft.<blockquote>本季度，国防、航天与安全公司获得了为美国空军购买27架KC-46A加油机的第6批和第7批合同，为美国海军和澳大利亚皇家空军购买11架P-8A海神飞机的合同，以及为美国海军和美国空军购买6架贝尔波音V-22鱼鹰旋翼机的合同。国防、空间与安全部门为美国空军完成了F-15EX的首飞和交付，成功进行了太空发射系统绿跑热射测试，并开始生产T-7A红鹰高级教练机。本季度的其他亮点包括澳大利亚皇家空军无人驾驶忠诚僚机的首飞和日本KC-46加油机的首飞。</blockquote>Backlog at Defense, Space &amp; Security was $61 billion, of which 31 percent represents orders from customers outside the U.S.<blockquote>国防、太空和安全部门的积压订单为610亿美元，其中31%是来自美国以外客户的订单。</blockquote>Global Services<blockquote>全球服务</blockquote><img src=\"https://static.tigerbbs.com/2013953631e1c36324d1a9ebb93ef24c\" tg-width=\"1435\" tg-height=\"249\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Global Services first-quarter revenue decreased to $3.7 billion and first-quarter operating margin decreased to 11.8 percent primarily driven by lower commercial services volume due to COVID-19.<blockquote>全球服务第一季度收入降至37亿美元，第一季度营业利润率降至11.8%，主要是由于新冠肺炎导致商业服务量下降。</blockquote>During the quarter, Global Services was awarded a ground support equipment and logistics contract for the Royal Moroccan Air Force, as well as a contract for F/A-18 and AV-8B avionics equipment repair for the U.S. Navy. Global Services also delivered the 50th&nbsp;737-800 Boeing Converted Freighter and inducted the EA-18G Growler for the U.S. Navy Modification Program.<blockquote>本季度，全球服务公司获得了摩洛哥皇家空军的地面支持设备和后勤合同，以及美国海军的F/A-18和AV-8B航电设备维修合同。全球服务公司还交付了第50架737-800波音改装货机，并为美国海军改装计划引进了EA-18G咆哮者。</blockquote>Additional Financial Information<blockquote>其他财务资料</blockquote><img src=\"https://static.tigerbbs.com/de0925fbfc4862b053be330863fd24e3\" tg-width=\"1441\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>At quarter-end, Boeing Capital's net portfolio balance was $1.9 billion. The change in loss from other unallocated items and eliminations was primarily due to increased deferred compensation and share-based plan expense as compared to the first quarter 2020. Interest and debt expense increased due to higher debt balances. The first quarter 2021 effective tax rate primarily reflects a benefit from the impact of pre-tax losses largely offset by adjustments to the valuation allowance and true-ups to tax benefits previously recorded in 2020.<blockquote>截至季度末，波音资本的投资组合净余额为19亿美元。其他未分配项目和抵销的亏损变化主要是由于递延薪酬和以股份为基础的计划费用较2020年第一季度增加。由于债务余额增加，利息和债务费用增加。2021年第一季度的有效税率主要反映了税前亏损影响的收益，但大部分被估值准备金的调整和2020年之前记录的税收优惠的调整所抵消。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing Reports First-Quarter Results<blockquote>波音公布第一季度业绩</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing Reports First-Quarter Results<blockquote>波音公布第一季度业绩</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-04-28 19:35\n</div>\n</a>\n</h4>\n</header>\n<article>\n<ul><li>Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late March</li><li>Revenue of $15.2 billion, GAAP loss per share of ($0.92) and core (non-GAAP)* loss per share of ($1.53)</li><li>Operating cash flow of ($3.4) billion; cash and marketable securities of $21.9 billion</li><li>Total backlog grew to $364 billion; Commercial Airplanes added 76 net orders</li></ul><img src=\"https://static.tigerbbs.com/df35589af277e681f37c4c43c785bf93\" tg-width=\"1442\" tg-height=\"604\" referrerpolicy=\"no-referrer\"><blockquote><ul><li>737 MAX安全恢复服务的持续进展；3月下旬恢复交付787台</li><li>收入为152亿美元，GAAP每股亏损为(0.92美元)，核心（非GAAP）*每股亏损为(1.53美元)</li><li>运营现金流为（34亿美元）；现金和有价证券219亿美元</li><li>积压订单总额增至3640亿美元；商用飞机净订单增加76架</li></ul></blockquote>The Boeing Company [NYSE: BA] reported first-quarter revenue of $15.2&nbsp;billion, primarily driven by lower 787 deliveries and commercial services volume, partially offset by higher 737 deliveries and higher KC-46A Tanker revenue (Table 1). GAAP loss per share of ($0.92) and core loss per share (non-GAAP)* of ($1.53) reflect year-over-year KC-46A Tanker improvement, higher 737 deliveries, and lower commercial airplanes period costs, partially offset by lower tax benefits and higher interest expense. Boeing recorded operating cash flow of ($3.4) billion.<blockquote>波音公司【纽约证券交易所代码：BA】报告第一季度收入为152亿美元，主要是由于787交付量和商业服务量下降，部分被737交付量增加和KC-46A加油机收入增加所抵消（表1）。GAAP每股亏损（0.92美元）和每股核心亏损（非GAAP）*（1.53美元）反映了KC-46A加油机同比改进、737交付量增加以及商用飞机期间成本降低，部分被较低的税收优惠和较高的利息支出所抵消。波音公司的运营现金流为34亿美元。</blockquote>\"I am proud of the progress our global team made across our business in the first quarter as we continued to transform our enterprise, strengthen our safety processes, and sustain critical investments for our future,\" said Boeing President and Chief Executive Officer Dave Calhoun. \"While the global pandemic continues to challenge the overall market environment, we view 2021 as a key inflection point for our industry as vaccine distribution accelerates and we work together across government and industry to help enable a robust recovery. Our balanced commercial, defense, space and services portfolio continues to provide critical stability for our business – and we remain focused on safety, quality and integrity as we deliver on our customer commitments.\"<blockquote>波音公司总裁兼首席执行官戴夫·卡尔霍恩(Dave Calhoun)表示：“我对我们的全球团队在第一季度在整个业务中取得的进展感到自豪，因为我们继续转型企业、加强安全流程并维持未来的关键投资。”“虽然全球大流行继续挑战整体市场环境，但我们认为2021年是我们行业的一个关键拐点，因为疫苗分发加速，我们与政府和行业共同努力，帮助实现强劲复苏。我们平衡的商业、国防、空间和服务组合继续为我们的业务提供关键的稳定性，并且在履行客户承诺时，我们仍然专注于安全、质量和诚信。”</blockquote><img src=\"https://static.tigerbbs.com/55840aaf08c35884cca0eb414cc6089d\" tg-width=\"1438\" tg-height=\"204\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Operating cash flow improved to ($3.4) billion in the quarter,&nbsp;reflecting timing of receipts and expenditures and higher 737 deliveries, partially offset by lower 787 deliveries and lower advance payments (Table 2).<blockquote>本季度运营现金流改善至（34亿美元），反映了收入和支出的时间安排以及737交付量的增加，但部分被787交付量的减少和预付款的减少所抵消（表2）。</blockquote><img src=\"https://static.tigerbbs.com/690d6b2e9849a66fa5a08a89f64301eb\" tg-width=\"1441\" tg-height=\"368\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Cash and investments in marketable securities decreased to $21.9 billion, compared to $25.6 billion at the beginning of the quarter, primarily driven by operating cash outflows&nbsp;(Table 3). The company refinanced $9.8 billion of debt in the quarter. Additionally, the company increased its revolving credit facilities by $5.3 billion to a total of $14.8 billion, which remain undrawn.<blockquote>现金和有价证券投资降至219亿美元，而本季度初为256亿美元，主要是由运营现金流出推动的（表3）。该公司本季度为98亿美元的债务进行了再融资。此外，该公司将其循环信贷额度增加了53亿美元，总额达到148亿美元，但仍未提取。</blockquote>Total company backlog at quarter-end was $364 billion.<blockquote>截至季度末，公司积压订单总额为3640亿美元。</blockquote>Segment Results<blockquote>分部业绩</blockquote>Commercial Airplanes<blockquote>商用飞机</blockquote><img src=\"https://static.tigerbbs.com/962725d1d62cf11f0d613a85e2304bc0\" tg-width=\"1442\" tg-height=\"326\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Commercial Airplanes first-quarter revenue decreased to $4.3&nbsp;billion, driven by lower 787 deliveries, partially offset by higher 737 deliveries (Table 4). First-quarter operating margin improved to (20.1) percent, primarily due to higher 737 deliveries and lower period costs.<blockquote>商用飞机第一季度收入下降至43亿美元，原因是787交付量下降，但部分被737交付量增加所抵消（表4）。第一季度营业利润率提高至(20.1%)%，主要是由于737交付量增加和期间成本降低。</blockquote>Boeing is continuing to make progress on the safe return to service of the 737 MAX worldwide. In addition, we are working closely with the FAA and our customers to address electrical issues identified in certain locations in the flight deck of select 737 MAX airplanes. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 85 737 MAX aircraft and 21 airlines have returned their fleets to service, safely flying more than 26,000 revenue flights totaling over 58,500 flight hours (as of April 26, 2021). The 737 program is currently producing at a low rate and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.<blockquote>波音公司在737 MAX全球安全恢复服务方面继续取得进展。此外，我们正在与美国联邦航空局和我们的客户密切合作，以解决在部分737 MAX飞机飞行甲板某些位置发现的电气问题。自FAA于2020年11月批准737 MAX恢复运营以来，波音公司已交付超过85架737 MAX飞机，21家航空公司已恢复其机队服务，安全飞行了超过26,000次收入航班，总计超过58,500飞行小时（截至2021年4月26日）。737项目目前的生产速度较低，预计将在2022年初逐步将产量提高到每月31架，并根据市场需求进一步逐步增加。公司将在监控市场环境和参与客户讨论的同时继续评估生产率计划。</blockquote>The company also resumed 787 deliveries in late March, following comprehensive reviews to ensure each airplane meets the company's highest standards. During the quarter, the 787 program consolidated final assembly to Boeing South Carolina and transitioned to the previously announced production rate of 5 aircraft per month.<blockquote>在进行全面审查以确保每架飞机都符合公司的最高标准后，该公司还于3月下旬恢复了787架飞机的交付。本季度，787项目将总装整合到波音南卡罗来纳州，并过渡到之前宣布的每月5架飞机的生产率。</blockquote>Commercial Airplanes continues to work closely with global regulators on all aspects of 777X development, including its rigorous test program, and the company still expects to deliver the first 777X in late 2023. As previously announced, the combined 777/777X production rate is transitioning to 2 aircraft per month.<blockquote>商用飞机公司继续在777X开发的各个方面与全球监管机构密切合作，包括其严格的测试计划，该公司仍预计在2023年底交付第一架777X。正如之前宣布的那样，777/777X的综合生产率正在过渡到每月2架飞机。</blockquote>Commercial Airplanes secured orders for 100 737 aircraft from Southwest Airlines, 25 737 aircraft from United Airlines, 23 737 aircraft from Alaska Airlines, and four 747 freighter aircraft from Atlas Air. Commercial Airplanes delivered 77 airplanes during the quarter and backlog included over 4,000 airplanes valued at $283 billion.<blockquote>商用飞机获得了西南航空100架737飞机、联合航空25架737飞机、阿拉斯加航空23架737飞机和阿特拉斯航空4架747货机的订单。商用飞机公司在本季度交付了77架飞机，积压订单包括4000多架飞机，价值2830亿美元。</blockquote>Defense, Space&nbsp;&amp; Security<blockquote>国防、太空与安全</blockquote><img src=\"https://static.tigerbbs.com/08af8bb2fe784a99f9d68fc882dc46c6\" tg-width=\"1440\" tg-height=\"246\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Defense, Space &amp; Security first-quarter revenue increased to $7.2 billion and first-quarter operating margin increased to 5.6 percent, primarily reflecting higher KC-46A Tanker revenue due to orders for 27 aircraft and the absence of charges related to the program, partially offset by a pre-tax charge of $318 million on the VC-25B program largely due to COVID-19 impacts and performance issues at a key supplier.<blockquote>国防、航天和安全第一季度收入增至72亿美元，第一季度营业利润率增至5.6%，主要反映了KC-46A加油机收入增加，原因是订购了27架飞机，并且没有与该计划相关的费用，部分被VC-25B计划3.18亿美元的税前费用所抵消，这主要是由于COVID-19的影响和主要供应商的性能问题。</blockquote>During the quarter, Defense, Space &amp; Security was awarded Lots 6 and 7 contracts for 27 KC-46A Tanker aircraft for the U.S. Air Force, a contract for 11 P-8A Poseidon aircraft for the U.S. Navy and the Royal Australian Air Force, and contracts for six Bell Boeing V-22 Osprey rotorcraft for the U.S. Navy and the U.S. Air Force. Defense, Space &amp; Security completed first flight and delivery of the F-15EX for the U.S. Air Force, successfully conducted the Space Launch System Green Run hot fire test, and began production of the T-7A Red Hawk Advanced Trainer. Other highlights for the quarter include first flight of the uncrewed Loyal Wingman aircraft for the Royal Australian Air Force and the first flight of the Japan KC-46 Tanker aircraft.<blockquote>本季度，国防、航天与安全公司获得了为美国空军购买27架KC-46A加油机的第6批和第7批合同，为美国海军和澳大利亚皇家空军购买11架P-8A海神飞机的合同，以及为美国海军和美国空军购买6架贝尔波音V-22鱼鹰旋翼机的合同。国防、空间与安全部门为美国空军完成了F-15EX的首飞和交付，成功进行了太空发射系统绿跑热射测试，并开始生产T-7A红鹰高级教练机。本季度的其他亮点包括澳大利亚皇家空军无人驾驶忠诚僚机的首飞和日本KC-46加油机的首飞。</blockquote>Backlog at Defense, Space &amp; Security was $61 billion, of which 31 percent represents orders from customers outside the U.S.<blockquote>国防、太空和安全部门的积压订单为610亿美元，其中31%是来自美国以外客户的订单。</blockquote>Global Services<blockquote>全球服务</blockquote><img src=\"https://static.tigerbbs.com/2013953631e1c36324d1a9ebb93ef24c\" tg-width=\"1435\" tg-height=\"249\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>Global Services first-quarter revenue decreased to $3.7 billion and first-quarter operating margin decreased to 11.8 percent primarily driven by lower commercial services volume due to COVID-19.<blockquote>全球服务第一季度收入降至37亿美元，第一季度营业利润率降至11.8%，主要是由于新冠肺炎导致商业服务量下降。</blockquote>During the quarter, Global Services was awarded a ground support equipment and logistics contract for the Royal Moroccan Air Force, as well as a contract for F/A-18 and AV-8B avionics equipment repair for the U.S. Navy. Global Services also delivered the 50th&nbsp;737-800 Boeing Converted Freighter and inducted the EA-18G Growler for the U.S. Navy Modification Program.<blockquote>本季度，全球服务公司获得了摩洛哥皇家空军的地面支持设备和后勤合同，以及美国海军的F/A-18和AV-8B航电设备维修合同。全球服务公司还交付了第50架737-800波音改装货机，并为美国海军改装计划引进了EA-18G咆哮者。</blockquote>Additional Financial Information<blockquote>其他财务资料</blockquote><img src=\"https://static.tigerbbs.com/de0925fbfc4862b053be330863fd24e3\" tg-width=\"1441\" tg-height=\"485\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>At quarter-end, Boeing Capital's net portfolio balance was $1.9 billion. The change in loss from other unallocated items and eliminations was primarily due to increased deferred compensation and share-based plan expense as compared to the first quarter 2020. Interest and debt expense increased due to higher debt balances. The first quarter 2021 effective tax rate primarily reflects a benefit from the impact of pre-tax losses largely offset by adjustments to the valuation allowance and true-ups to tax benefits previously recorded in 2020.<blockquote>截至季度末，波音资本的投资组合净余额为19亿美元。其他未分配项目和抵销的亏损变化主要是由于递延薪酬和以股份为基础的计划费用较2020年第一季度增加。由于债务余额增加，利息和债务费用增加。2021年第一季度的有效税率主要反映了税前亏损影响的收益，但大部分被估值准备金的调整和2020年之前记录的税收优惠的调整所抵消。</blockquote>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131226684","content_text":"Continued progress on safe return to service of 737 MAX; resumed 787 deliveries in late MarchRevenue of $15.2 billion, GAAP loss per share of ($0.92) and core (non-GAAP)* loss per share of ($1.53)Operating cash flow of ($3.4) billion; cash and marketable securities of $21.9 billionTotal backlog grew to $364 billion; Commercial Airplanes added 76 net ordersThe Boeing Company [NYSE: BA] reported first-quarter revenue of $15.2 billion, primarily driven by lower 787 deliveries and commercial services volume, partially offset by higher 737 deliveries and higher KC-46A Tanker revenue (Table 1). GAAP loss per share of ($0.92) and core loss per share (non-GAAP)* of ($1.53) reflect year-over-year KC-46A Tanker improvement, higher 737 deliveries, and lower commercial airplanes period costs, partially offset by lower tax benefits and higher interest expense. Boeing recorded operating cash flow of ($3.4) billion.\"I am proud of the progress our global team made across our business in the first quarter as we continued to transform our enterprise, strengthen our safety processes, and sustain critical investments for our future,\" said Boeing President and Chief Executive Officer Dave Calhoun. \"While the global pandemic continues to challenge the overall market environment, we view 2021 as a key inflection point for our industry as vaccine distribution accelerates and we work together across government and industry to help enable a robust recovery. Our balanced commercial, defense, space and services portfolio continues to provide critical stability for our business – and we remain focused on safety, quality and integrity as we deliver on our customer commitments.\"Operating cash flow improved to ($3.4) billion in the quarter, reflecting timing of receipts and expenditures and higher 737 deliveries, partially offset by lower 787 deliveries and lower advance payments (Table 2).Cash and investments in marketable securities decreased to $21.9 billion, compared to $25.6 billion at the beginning of the quarter, primarily driven by operating cash outflows (Table 3). The company refinanced $9.8 billion of debt in the quarter. Additionally, the company increased its revolving credit facilities by $5.3 billion to a total of $14.8 billion, which remain undrawn.Total company backlog at quarter-end was $364 billion.Segment ResultsCommercial AirplanesCommercial Airplanes first-quarter revenue decreased to $4.3 billion, driven by lower 787 deliveries, partially offset by higher 737 deliveries (Table 4). First-quarter operating margin improved to (20.1) percent, primarily due to higher 737 deliveries and lower period costs.Boeing is continuing to make progress on the safe return to service of the 737 MAX worldwide. In addition, we are working closely with the FAA and our customers to address electrical issues identified in certain locations in the flight deck of select 737 MAX airplanes. Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 85 737 MAX aircraft and 21 airlines have returned their fleets to service, safely flying more than 26,000 revenue flights totaling over 58,500 flight hours (as of April 26, 2021). The 737 program is currently producing at a low rate and continues to expect to gradually increase production to 31 per month in early 2022 with further gradual increases to correspond with market demand. The company will continue to assess the production rate plan as it monitors the market environment and engages in customer discussions.The company also resumed 787 deliveries in late March, following comprehensive reviews to ensure each airplane meets the company's highest standards. During the quarter, the 787 program consolidated final assembly to Boeing South Carolina and transitioned to the previously announced production rate of 5 aircraft per month.Commercial Airplanes continues to work closely with global regulators on all aspects of 777X development, including its rigorous test program, and the company still expects to deliver the first 777X in late 2023. As previously announced, the combined 777/777X production rate is transitioning to 2 aircraft per month.Commercial Airplanes secured orders for 100 737 aircraft from Southwest Airlines, 25 737 aircraft from United Airlines, 23 737 aircraft from Alaska Airlines, and four 747 freighter aircraft from Atlas Air. Commercial Airplanes delivered 77 airplanes during the quarter and backlog included over 4,000 airplanes valued at $283 billion.Defense, Space & SecurityDefense, Space & Security first-quarter revenue increased to $7.2 billion and first-quarter operating margin increased to 5.6 percent, primarily reflecting higher KC-46A Tanker revenue due to orders for 27 aircraft and the absence of charges related to the program, partially offset by a pre-tax charge of $318 million on the VC-25B program largely due to COVID-19 impacts and performance issues at a key supplier.During the quarter, Defense, Space & Security was awarded Lots 6 and 7 contracts for 27 KC-46A Tanker aircraft for the U.S. Air Force, a contract for 11 P-8A Poseidon aircraft for the U.S. Navy and the Royal Australian Air Force, and contracts for six Bell Boeing V-22 Osprey rotorcraft for the U.S. Navy and the U.S. Air Force. Defense, Space & Security completed first flight and delivery of the F-15EX for the U.S. Air Force, successfully conducted the Space Launch System Green Run hot fire test, and began production of the T-7A Red Hawk Advanced Trainer. Other highlights for the quarter include first flight of the uncrewed Loyal Wingman aircraft for the Royal Australian Air Force and the first flight of the Japan KC-46 Tanker aircraft.Backlog at Defense, Space & Security was $61 billion, of which 31 percent represents orders from customers outside the U.S.Global ServicesGlobal Services first-quarter revenue decreased to $3.7 billion and first-quarter operating margin decreased to 11.8 percent primarily driven by lower commercial services volume due to COVID-19.During the quarter, Global Services was awarded a ground support equipment and logistics contract for the Royal Moroccan Air Force, as well as a contract for F/A-18 and AV-8B avionics equipment repair for the U.S. Navy. Global Services also delivered the 50th 737-800 Boeing Converted Freighter and inducted the EA-18G Growler for the U.S. Navy Modification Program.Additional Financial InformationAt quarter-end, Boeing Capital's net portfolio balance was $1.9 billion. The change in loss from other unallocated items and eliminations was primarily due to increased deferred compensation and share-based plan expense as compared to the first quarter 2020. Interest and debt expense increased due to higher debt balances. The first quarter 2021 effective tax rate primarily reflects a benefit from the impact of pre-tax losses largely offset by adjustments to the valuation allowance and true-ups to tax benefits previously recorded in 2020.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":1217,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":45,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}