Boeing continues to face financial challenges, reporting a $31 million loss in the first quarter of the year, primarily due to a quality crisis and the ongoing U.S.-China trade war. This loss, amounting to 16 cents per share, is an improvement compared to the $355 million loss reported in the same quarter last year. The company also experienced a cash burn of $2.3 billion, down from nearly $4 billion a year ago, indicating some recovery.

In terms of revenue, Boeing generated $19.5 billion in the first quarter, and its debt slightly decreased to $53.6 billion. New CEO Kelly Ortberg is expected to address analysts about Boeing's recovery strategies during an upcoming conference call. The financial report reflects the impact of tariffs only up to March 31, highlighting the ongoing challenges posed by the trade war.

Boeing's jet deliveries showed signs of stabilization, with 130 jets delivered in the first quarter, including 105 of its 737 Max aircraft. This marks a recovery from previous production declines following a series of incidents, including a significant in-flight issue with the 737 Max. The Federal Aviation Administration (FAA) has imposed stricter oversight and production caps on the 737 Max, which has affected Boeing's output.

Additionally, Boeing announced the sale of its Digital Aviation Solutions business to Thoma Bravo for $10.6 billion. This all-cash deal includes assets like Jeppesen and ForeFlight, allowing Boeing to focus on its core operations and improve its financial standing. The transaction is expected to close by the end of the year.

The trade war with China remains a significant concern for Boeing, as it is America's largest exporter. Recent reports indicate that two Boeing planes were returned to the U.S. after China instructed its airlines to halt deliveries from the company. The trade tensions have intensified, with tariffs on Chinese imports rising to 145%, prompting retaliatory measures from China.

Boeing's challenges are compounded by its complex international supply chain, which is vulnerable to tariff impacts. The company had previously resumed deliveries to China after a hiatus following the 737 Max crashes, but the renewed trade tensions threaten to disrupt this recovery.

Overall, while Boeing is showing some signs of improvement in key metrics, the combination of financial losses, regulatory scrutiny, and trade war pressures continues to pose significant hurdles for the aerospace giant.