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 $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 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.
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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 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.
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