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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.
4h
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 ...
9h
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 ...
17h
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 ...
16h
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.
16h
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 ...
48m
on MSN
Optimism persists in Boeing future despite big losses
Despite more than $11 billion lost last year, investors are growing more optimistic about Boeing’s financial health. On ...
Skift
8h
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.
17h
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 ...
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 ...
16h
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 ...
8h
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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