Boeing reports $11.8-billion annual loss

Boeing posts $11.8 loss for the year, already ramping up production
Boeing operates its defense business, which is in a separate unit from the company’s commercial plane segment, in the St. Louis area and employs about 15,000 people.
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 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. The $11.8-billion loss,
Boeing CEO faces investors on company's path forward after its sixth annual loss
Boeing posted a roughly $4 billion loss for the fourth quarter, according to preliminary results last week. The company has taken charges that span its defense and commercial airplane units. CEO Kelly Ortberg is set to detail the company's next steps after safety and manufacturing crises.
Boeing reports $11.8-billion annual loss after crisis-ridden year
Boeing reported an annual loss of $11.83 billion on Tuesday (Jan.28) - its largest since 2020. The planemaker has grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.
Boeing posts 3.8 billion US dollar loss in fourth quarter
Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.
Boeing posts annual loss of $11.8 billion for 2024, marking biggest since 2020
Boeing posted an annual loss of $11.8 billion for 2024, its biggest since 2020, as lower commercial jet deliveries, problems at its defence unit and a strike by its US West Coast factory workers affected financial results.
Skift2h
Boeing CEO Outlines Path to Recovery After Nearly $4 Billion Quarterly Loss
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.
Flightglobal2h
Boeing plans to wrap up rework in ‘shadow factories’ this year
Boeing has made progress winnowing its once-massive inventory of undelivered 737 Max and 787s and is now preparing to shutter ...
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 ...
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 ...
Flightglobal4h
Boeing prepares for 737 production rate hikes this year, with 42-monthly in sight
Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42 if it receives ...
Boeing Posts Major EPS Shortfall in Q4
Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its ...
AeroTime9h
Boeing’s 2024 final quarter and full-year results fall below expectations
Boeing’s 2024 final quarter and full-year results fell below expectations as the company charts its recovery in 2025.
Boeing CEO's optimistic outlook gives stock a boost despite company's latest dismal earnings report
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about ...