Boeing’s sales rose nearly 60% in the fourth quarter as the aerospace company digs out of a series of crises that dented its reputation. It was the strongest quarter of aircraft deliveries since 2018.

Revenue soared to $23.95 billion from $15.24 billion in the three months ended Dec. 31. That beat the $22.6 billion analysts polled by FactSet were looking for.

Boeing had 160 commercial deliveries in the quarter, more than double the 57 deliveries a year earlier.

Deliveries are an important source of cash for aircraft manufacturers, as buyers typically pay a large portion of the purchase price when their orders are fulfilled.

“We’ve made significant progress in our 2025 recovery and laid the groundwork to sustain our momentum next year,” Boeing CEO Kelly Ortberg said in a statement Tuesday.

Arlington, Virginia-based Boeing posted a profit of $8.13 billion, or $10.23 per share, for the period. That compares with a loss of $3.92 billion, or $5.46 per share, a year earlier.

The current quarter included a gain of $9.67 billion related to the closing of the sale of portions of the Digital Aviation Solutions business.

Excluding certain items, earnings were $9.92 per share. Wall Street had expected a loss of 44 cents per share.

It was determined in November that Boeing would face no more than two counts of criminal conspiracy The 737 Max plane crashes that killed 346 people, after a federal judge in Texas granted the government’s request to dismiss the case.

As part of a agreement to leave office, Boeing agreed to pay or invest an additional $1.1 billion in fines, compensation for the families of the crash victims, and internal safety and quality measures. The deal allows Boeing to choose its own compliance consultant instead of getting an independent monitor.

A month before, the Federal Aviation Administration he said he will allow it Boeing produce more 737 Max planes by increasing the monthly limit that he imposed after a the door plug went off an Alaska Airlines plane that the company built. Boeing can now produce 42 Max planes per month, up from 38.