Boeing’s defense business faced another tough quarter, with a projected loss of $1.7 billion when it reports its fourth-quarter earnings next week—bringing total losses for the sector to nearly $5 ...
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.
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs.
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing lost $3.46 per share in the fourth quarter - equating to a total loss of about $4 billion based on its number of outstanding shares - amid a painful machinists' strike that forced a production ...
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 ...
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on Thursday, due to charges at its defence unit, lower jetliner ...
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association ...
President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.
Boeing Co. reported fourth-quarter revenue that missed analyst estimates after a bruising strike that idled most of its aircraft production.