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Boeing reports $11.8-billion annual loss
Boeing reports $11.8 billion loss, largest since 2020
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
Boeing stock rallies on plane progress despite $11.8-billion annual loss
Boeing on Tuesday reported an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S. West Coast factory workers.
Boeing posts annual loss of $11.8bn for 2024, its biggest in four years
Boeing posted an annual loss of $11.8 billion for 2024, its biggest since 2020 and its sixth consecutive annual deficit, as lower commercial jet deliveries, problems at its defence unit and a strike by its US West Coast factory workers affected financial results.
1h
Elon Musk is trying to help Boeing out with its much-delayed new Air Force One for Trump
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in ...
15h
on MSN
Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020
Ortberg said the company's 737 Max deliveries will likely reach the "upper 30s" this month, up from 17 in December. "We're a ...
22h
Boeing not worried about Trump tariff threats, CEO says
Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs ...
23h
Boeing CEO Ortberg outlines 2025 priorities after heavy losses
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six ...
15h
on MSN
Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’
Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some ...
businessday
46m
Safety crisis: Boeing loses almost $1bn every month in 2024
Boeing lost nearly a billion dollars a month in 2024, as it grappled with a safety crisis, quality control issues and a ...
1d
on MSN
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 on Tuesday as a machinists strike and other problems continued to plague ...
1d
Boeing Is One Of The 21st Century’s Most Unprofitable Companies
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair ...
2d
on MSN
Boeing may soon sell some of its businesses. That could finally boost the stock.
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are ...
22h
on MSN
Boeing loses almost $1bn every month in 2024
Boeing reported its second biggest annual loss ever after a tough year after a mid-air accident and worker strikes.
17h
on MSN
Boeing Confirms Its Bad Earnings. Why the Stock Is Higher.
Boeing reported its full fourth-quarter results Tuesday morning. Even though the company took a lot of drama out of the ...
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