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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.
7h
on MSN
Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’
Shares of Boeing Co. took off Tuesday to a six-month high, after the aerospace and defense giant confirmed speculation that ...
11h
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 ...
19h
on MSN
Boeing posts $3.8B Q4 loss and has lost more than $35B since 2019 fatal crashes
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague ...
18h
on MSN
Boeing loses almost $1bn every month in 2024
Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.
19h
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 ...
19h
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 ...
20h
on MSN
Boeing 'Focused on Making the Fundamental Changes Needed,' CEO Says
Boeing on Tuesday reported a fourth-quarter net loss in line with its recently issued preliminary results, closing out a ...
19h
Boeing Q4 Earnings: Labor Strikes And Defense Charges Impact Performance, Loses $4.1 Billion In Free Cash Flow
Boeing Co (NYSE:BA) reported a 31% year-over-year revenue decline to $15.242 billion in the fourth quarter of 2024, missing ...
Opinion
13h
Opinion
Boeing’s Rosy Outlook Negates the Need for a Fire Sale
The planemaker’s production ramp-up and stable balance sheet mean it can hang on to profitable businesses instead of ...
11h
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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