Boeing reported a six percent increase for 2015 total revenue

The company registered a fourth-quarter revenue of $23.6 billion and $1.60 per share earnings, showing slow recovery of the air cargo market

Boeing reported a total of $96.1 billion in revenues for 2015, up to 6 per cent more when compared to the previous year.

GAAP earnings per share summed up $7.44 for the entire year.

Core earnings per share and revenues guidance for 2016 is set at between $8.15 and $8.35, and between $93 and $95 billion respectively. Also, the company forecasts an operating cash flow of $10 billion.

Boeing president Dennis Muilenburg commented on the company's significant achievements:

“Building on our foundation of solid core operating performance and customer focus, Boeing extended its leadership of the aerospace industry in 2015 with record deliveries and revenues in commercial airplanes, and solid sales and healthy margins in our defence and space business.

“We also generated significant cash flow to fuel investments in innovation and our people, and provide compelling returns to our shareholders.

“With clear strategies and strong positions in our markets, a large and diverse order backlog worth nearly $500 billion, and multiple additional production rate increases planned yet this decade, we are well positioned for profitable growth and higher cash flow as we move into our second century in business.

“Our priorities for 2016 and beyond are to build on our existing strengths to deliver on current plans and commitments, and to stretch beyond them by accelerating progress on key enterprise growth and productivity initiatives, investing in our team, and creating more value and opportunity for our customers, shareholders and employees.”