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
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 ...
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 ...
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 ...
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street ...
CNN27d
Boeing details its safety enhancements a year after a door plug blew off midflight
Nearly a year after a door plug blew off an Alaska Airlines 737 Max 9 aircraft, Boeing says it has made strides improving safety for airline passengers. The company announced Friday that it ...
Southwest Airlines' Profit Tops Estimate
Southwest Airlines projects a positive outlook with initiatives like the "Southwest Even Better" plan designed to navigate challenges better and optimize customer e ...
Boeing, Salesforce share gains lead Dow's 115-point jump
Led by positive growth for shares of Boeing and Salesforce, the Dow Jones Industrial Average is up Tuesday morning.
US economy grows solid 2.3% in October-December on eve of Trump return to White House
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...