Boeing forecasts big loss on defense troubles, strike; shares drop 2.6%
Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, citing charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.
Boeing Forecasts Bigger-Than-Expected Quarterly Loss on Defense Troubles, Strike Hit
(Reuters) -Boeing expects to report a larger-than-expected loss when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit and losses from a crippling strike.
Boeing warns of bigger-than-expected $4bln quarterly loss; shares drop
SEATTLE - Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.S. West Coast factory workers.
SEATTLE - Boeing's engineering union is formally investigating claims from its members that the company is moving work to non ...
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of ...
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
Boeing's sales are projected to reach $100-$110 billion by 2026, with potential EPS growth to $15 by 2028. Read why I upgrade ...
As first reported by The Air Current, Boeing’s 2024 delivery records suggest that it may have officially concluded production ...
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