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Boeing posts $3.8 billion Q4 loss and has lost more than $35 billion since fatal crashes in 2019

Boeing posted a fourth-quarter loss of $3.8 billion, continuing its struggles with manufacturing and delivery issues, as stated on Tuesday.
The company has lost more than $35 billion since 2019, following fatal crashes of two 737 Max jets that killed 346 people.
Boeing's revenue for the fourth quarter was $15.2 billion, below analysts' expectations, as reported by FactSet.
A machinists strike halted production, contributing to Boeing's challenges, which included cost overruns and delivery delays for key customers.

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marketbeat.com

Boeing (NYSE:BA) Trading Down 2.5% After Earnings Miss

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Inquirer

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Hopes for turnaround lift Boeing shares despite huge losses

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Manufacturing Dive

Boeing loses nearly $12B in 2024

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Straight Arrow News

Boeing suffers biggest annual loss since 2020 as CEO looks for a rebound

Boeing suffered its biggest annual loss since 2020, the company reported on Tuesday, Jan. 28. The $11.8 billion loss in 2024 comes in the wake of manufacturing issues and a machinist strike that brought production to a halt. Still, the company's stock price surged after CEO Kelly Ortberg said the company was making strides in plane production. “The markets we serve are robust and growing demand for our core commercial and defense products and s…

26 days ago

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The Oregonian

Boeing has lost more than $35 billion since fatal crashes in 2019

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday, contributing to the $35 billion loss since the crashes of two then-new Max jets that killed 346 people.

26 days ago·Portland, United States

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France24

Boeing posts sedond-biggest annual loss in its history

US aerospace giant Boeing posted nearly 12 billion dollars in annual net loss for 2024, as a series of safety issues and a seven-week strike by factory workers impacted production. The company's stock however rallied after the latest financial results were announced, as investor focus turned to its recovery plan. Plus, Coca Cola has recalled several of its popular soft drinks including Coke, Fanta and Sprite in several European countries, after …

26 days ago·France

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