Boeing Co’s revival road map put to test by dwindling time and cash

Boeing Co.’s assurance that it can pull itself together in the next three months is giving rise to two opposing questions: Is that too little time to turn things around — or too long to withstand the financial hemorrhaging?

Chief Executive Officer Dave Calhoun put an optimistic spin on the embattled company’s outlook as he presented Boeing’s earnings on Wednesday, maintaining a mid-decade cash-flow target and predicting a reversal of fortune in the second half.

By then, as Boeing’s timeline goes, the laser focus on quality will yield results and help restore output of its troubled 737 model.