BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
Elon Musk visits Boeing about delayed new Air Force 1 jets
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.
And now that the dust has settled at aerospace stock Boeing (BA), it is now time to look to the future, and see if Boeing can pull off anything
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Ryanair is confident that Boeing will ramp up its production of 737 MAX jets to 38 per month this summer and that it will be allowed by the administration of U.S. President Donald Trump to then increase that to 42,
Boeing's focus on core values and product-driven turnaround under CEO Kelly Ortberg offers promising long-term potential. Click here to read why BA is a Buy.
In interviews after Boeing posted its detailed financial results Tuesday, new CEO Kelly Ortberg indicated the key priorities for 2025: getting airplane production back up safely, generating much-neede
Boeing Co (NYSE:BA) reported a 31% year-over-year revenue decline to $15.242 billion in the fourth quarter of 2024, missing the consensus of $16.174 billion. Adjusted loss per share grew to $5.90 from $0.
A hopeful "show-me" was the reaction from half a dozen industry analysts. There are reasons for optimism, said Gautam Khanna, an aerospace analyst with TD Cowen. Since Ortberg took the reins in early August,
"That team has done a great job of improving the overall performance and quality of the fuselages," Boeing's CEO said of Wichita-based Spirit AeroSystems.