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Boeing reports $11.8 bln in 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 reports the biggest annual loss since 2020
Also, today 24 wild hours on the financial markets for companies in the AI world - but did we learn something new or actually reveal a truth about the sector that was always there? We look at the mining industry in the Democratic Republic of Congo during the growing conflict.
14h
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 ...
Aviation Week
15m
Boeing Divestitures To Start This Year, Focused On ‘Pruning’
Boeing CEO and President Kelly Ortberg has completed a portfolio review of the embattled aerospace and defense giant’s ...
20h
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 ...
14h
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 ...
21h
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 ...
22h
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 ...
21h
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.
Skift
13h
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.
23h
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 ...
2h
Massive financial losses aside, Boeing sees bright future for SC Dreamliner plant
Boeing is planning another rate increase for the 787 Dreamliner jet built in North Charleston as plans move forward to double ...
2h
Terrifying moment Boeing 737 bursts into flames on landing as crew rush to save 53 passengers
Max Air flight VM1605 was landing at Kano Mallam Aminu International Airport last night when its front tyre burst, causing ...
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