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Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results. Boeing has not posted an annual profit since 2018. The company expects to take a $1.1 billion charge on its 777X and 767 programs because of the strike and labor agreement.
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
Boeing To Report Loss In Q4
Thursday said it would report a loss for the fourth quarter, hurt largely by the IAM work stoppage and agreement,
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing Warns Q4 Loss Bigger Than Expected On Costs From Labor Strike
Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing reports steeper quarterly losses, lower revenue
Boeing’s preliminary quarterly results show steeper losses and lower revenue for the aerospace and defense company’s fourth quarter.
Boeing sees wider-than-expected Q4 loss; shares slip in afterhours trading
Boeing fell in afterhours trading Thursday after airplane maker said it expected to report fourth-quarter loss that was wider than analyst estimates as the impact of striking workers and production issues weigh.
1d
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
3d
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 ...
1d
Trump transportation nominee will keep Boeing 737 MAX production cap in place
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of ...
6h
on MSN
Boeing Sales, Profit Hammered by Two-Month Factory Shutdown
Boeing Co. reported fourth-quarter revenue that missed analyst estimates after a bruising strike idled most of its commercial aircraft production and limited jet deliveries.Citing preliminary ...
9d
on MSN
Boeing’s aircraft deliveries and orders in 2024 reflect the company’s rough year
Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024, The American ...
3h
Boeing warns of $5.4 billion quarterly loss, nearly triple market expectations
Its annual loss for 2025 could rival 2020, when it lost nearly US$12 billion, the most in its history. Read more at straitstimes.com.
Zacks.com on MSN
6d
Boeing Secures a Contract for Sustainment of KC-46 Tanker Aircraft
Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/98.CWWvNgXg.js ...
4d
Boeing Under Pressure: Activists And Warren Buffett Circle
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
13d
on MSN
Airbus had a way better 2024 than Boeing, delivering 766 commercial aircraft
Airbus narrowly missed its target for 2024 but is likely to have delivered about twice as many aircraft as Boeing last year.
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