...A. Overview: Solid 1Q. 1. 2. Continues to make real progress, steady progress in recovery. 3. Challenges remain, there's more to do, but overall feels good about operational and financial outlook shared last Nov., including cash flow and delivery ranges set for 2023 and for 2025-2026 time frame, where Co. can see $10b in annual free cash flow. B. 737: Team has been working hard over last week. 1. Has been progressing in early inspection of affected airplanes. a. Issue is understood. i. ii. It's isolated to two specific fittings, and Co. knows what it has to do. b. Work will impact timing of deliveries over next several months. i. Still expects to deliver 450 737 airplanes this year. ii. Timing of these delivery shortfalls will impact summer capacities for many customers. 2. Deliveries and production will be lower near term, but will recover over coming months. Plans to increase rate to 38 per month later this year. a. b. Not changing supplier master schedule to ensure that they can keep...
