Boeing Co. is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers.

Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped.

Boeing Co. is nearing 1,000 scrapped or impaired jetliner orders this year, failing to notch any sales in September, as the long 737 Max grounding and the coronavirus pandemic extended their toll.

Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth.

Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market devastated by the coronavirus pandemic.

Boeing Co. and its suppliers climbed as the plane maker resumed production of the 737 Max jetliner while working with regulators to end a yearlong global grounding.

Boeing Co. unveiled the first and deepest of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

Boeing Co. got a boost after CEO Dave Calhoun told Fox Business that the planemaker’s 737 Max assembly lines will rumble to life later this month.

Boeing Co. unveiled deep cuts to jobs and production as the manufacturer rushes to adapt to a shrinking market for jetliners after the worst downturn in aviation history.

Boeing Co. has asked White House and congressional officials for short-term aid for itself, suppliers and airlines as the outlook for the travel industry worsens by the day because of the coronavirus outbreak, people familiar with the matter said.