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Boeing reports $11.8-billion annual loss
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.
Boeing reports $11.8-billion annual loss after crisis-ridden year
Boeing reported an annual loss of $11.83 billion on Tuesday (Jan.28) - its largest since 2020. The planemaker has grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.
Boeing posts $3.8-B Q4 loss
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: Another Quarter Of Massive Losses
The Boeing Company reported a massive Q4 loss, with revenues down over 30% and losses per share significantly worse than expected. Learn more on BA stock here.
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.
Aviation Week
23h
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 ...
2d
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 ...
2d
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 ...
1d
Boeing’s Financial Outlook: Sell Rating Amid Defense Sector Concerns and Uncertain Divestment Plans
Analyst Matthew Akers of Wells Fargo maintained a Sell rating on Boeing (BA – Research Report), boosting the price target to $103.00.Invest ...
6d
on MSN
Boeing Strike, Defense Charges Hammer Fourth-Quarter Results
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer ...
2d
on MSN
Defense and aerospace Q4 preview: Boeing, RTX, Lockheed results on deck
Raytheon (NYSE:RTX) and Lockheed Martin (NYSE:LMT) are scheduled to announce their Q4 earnings results on Tuesday, January ...
Flightglobal
1d
How strike impact slowed Boeing’s defence output in 2024
An almost two-month-long strike by aerospace workers contributed to Boeing's defence unit delivering a reduced total of 110 ...
1d
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 ...
3d
on MSN
Is Boeing Stock a Buy Before Jan. 28?
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the ...
The Aviationist
2d
Boeing Receives 737 Fuselage for U.S. Air Force’s E-7A Wedgetail AEW&C Prototype
The company has now started the assembly of the first Boeing 737 airframe which will later receive the mission equipment to ...
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