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Boeing reports 2nd-biggest 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 reports $11.8 bln in annual loss after crisis-ridden year
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 $3.8 billion 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 the troubled aircraft manufacturer. Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people.
Boeing reports second-biggest annual loss after tough 2024
Jet maker declines to issue guidance for second consecutive year after it burnt through $14.3bn in free cash last year
Boeing Stock Rises
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 Stock Rises as CEO Says Plane Maker Focused on 'Fundamental Changes'
Boeing (BA) shares surged 6% Tuesday morning after the plane maker reported a fourth-quarter net loss in line with its recently issued preliminary results, closing out a difficult year that saw it burn through billions amid safety investigations and a strike.
Boeing’s stock rises as CEO cites progress on turnaround effort
Boeing’s (NYSE:BA) shares rose 4.5% on Tuesday morning after the aviation giant cited progress on its efforts to restore positive cash flow, a key indicator of its health. The company last week issued preliminary results to reset investor expectations on quarterly results.
11m
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 ...
2h
Boeing is working with Elon Musk to deliver Air Force One replacements sooner
President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor ...
5h
Boeing CEO Ortberg looks forward after heavy losses and cash drain
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six ...
5h
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 ...
Skift
1h
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.
5h
on MSN
Boeing loses $1b every month in 2024
Boeing reported its second biggest annual loss ever after a tough year after a mid-air accident and worker strikes.
6h
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 ...
23h
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 ...
6h
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 ...
5h
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 ...
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