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 the troubled aircraft manufacturer.
Boeing posts $3.8 billion Q4 loss and over $35 billion since 2019
Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.
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 results.
Boeing suffers $3.8 billion Q4 loss and $11 billion for the year
The company continues to grapple with a series of challenges, including a machinists strike that halted production for seven weeks, manufacturing quality issues, and costly setbacks in government contracts. For the full year, Boeing recorded an $11.8 billion loss, marking another year of turmoil for the Arlington, Virginia-based company.
Boeing posts $11.8-billion annual loss after troubling year
U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued
Boeing posts $3.8bn 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 reports a big loss, as it said it would, and the stock is surging
Boeing’s stock surged toward a six-month high after the big loss that the aerospace giant warned of last week materialized.
Boeing posts significant losses as strikes and production challenges hit
Boeing posted a fourth-quarter loss of $3.8 billion (around €3.4bn) on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. View on euronews
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The Boeing Company (BA)
Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.46, compared with the loss ...