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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.
3h
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 ...
2h
Ryanair CEO O'Leary confident of Boeing's 737 ramp-up, sees Trump support
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 ...
18h
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 ...
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 ...
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 ...
18h
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 ...
1d
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 ...
Skift
17h
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.
19h
Why Boeing Stock Is Soaring Today
Shares of Boeing ( BA 2.00%) are moving higher Tuesday. The company's stock gained 4.1% as of 1:20 p.m. ET, but was up as ...
1d
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.
20h
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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