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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 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 little ahead of where I expected," he told CNBC's "Squ
Boeing has lost more than $35 billion
Boeing posts $3.8B Q4 loss and has lost more than $35B since 2019 fatal crashes
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 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 has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people.
Boeing lost $11.8 billion last year
Boeing CEO Kelly Ortberg says the company lost $11.8 billion last year. President Trump and Elon Musk, two powerful figures, were initially united for the cameras and the "greater good," but their marriage made in heaven has now officially ended due to their conflicting ideologies and egos.
3h
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 ...
8m
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 ...
15h
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 ...
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 ...
15h
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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