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Boeing reports $11.8-billion annual loss
Boeing reports $11.8 bln in annual loss after crisis-ridden year
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 $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 reports largest annual loss since 2020, totaling $11.83B
Boeing, the American multinational corporation that designs, manufactures, and sells airplanes, has reported its largest annual loss since 2020. The company's losses for the year stood at a staggering $11.83 billion.
10h
on MSN
Cathay Said to Tap Airbus, Boeing for New Widebody Jet Order
Cathay Pacific Airways Ltd. has launched a bidding process for dozens of new widebody aircraft, according to people familiar ...
9h
Cathay Pacific Considering Airbus A350s Or Boeing 787s For New Widebody Order
Its A350F order was finalized in December 2023, with Cathay Pacific opting for 20 more, potentially increasing the order to ...
8d
Boeing: No Surprise On Loss As Airbus Books, Bills $56 Billion More Airplanes
Boeing’s quality issues led to major declines, while Airbus fared better. Find out why BA and EADSF stocks could see strong ...
13d
Crisis-hit Boeing delivered less than half as many jets as Airbus in 2024
Boeing must turn its fortunes around this year to avoid falling further behind Airbus, which plans a production increase as ...
7h
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 ...
21m
Boeing reports $11.8 bln in annual loss, its largest since 2020, after crisis-ridden year
The company reported a loss of $3.86 billion in the fourth quarter due to what Ortberg called "disappointing" charges in ...
1h
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 ...
41m
on MSN
Airbus hints at new Space charge as it explores alliance
Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long ...
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