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Boeing reports $11.8-billion annual loss
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 stock rallies on plane progress despite $11.8-billion annual loss
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 posts annual loss of $11.8bn for 2024, its biggest in four years
Boeing posted an annual loss of $11.8 billion for 2024, its biggest since 2020 and its sixth consecutive annual deficit, as lower commercial jet deliveries, problems at its defence unit and a strike by its US West Coast factory workers affected financial results.
Boeing Signals Portfolio Review
Boeing CEO Ortberg outlines 2025 priorities after heavy losses
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Boeing Signals Portfolio Review After $14 Billion Cash Drain
Boeing Co. Chief Executive Officer Kelly Ortberg said he will realign the company around key business lines and cleave off fringe assets, setting in motion a portfolio overhaul after the US planemaker emerged from a tumultuous and deeply unprofitable year.
Boeing CEO Kelly Ortberg on 2025 outlook: Making significant progress despite challenging Q4
CNBC’s Phil LeBeau and Boeing CEO Kelly Ortberg join 'Squawk on the Street' to discuss the company's quarterly earnings results, 2025 outlook, production delivery timeline, working with the new Trump administration,
1h
Elon Musk is trying to help Boeing out with its much-delayed new Air Force One for Trump
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in ...
15h
on MSN
Boeing CEO upbeat on recovery plan after company's biggest annual loss since 2020
Ortberg said the company's 737 Max deliveries will likely reach the "upper 30s" this month, up from 17 in December. "We're a ...
23h
on MSN
Boeing posts $3.8B Q4 loss and has lost more than $35B since 2019 fatal crashes
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague ...
11h
on MSN
Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’
Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some ...
22h
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 ...
3h
Terrifying moment Boeing 737 bursts into flames on landing as crew rush to save 53 passengers
Max Air flight VM1605 was landing at Kano Mallam Aminu International Airport last night when its front tyre burst, causing ...
1d
Boeing Is One Of The 21st Century’s Most Unprofitable Companies
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair ...
2d
on MSN
Boeing may soon sell some of its businesses. That could finally boost the stock.
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are ...
22h
on MSN
Boeing loses almost $1bn every month in 2024
Boeing reported its second biggest annual loss ever after a tough year after a mid-air accident and worker strikes.
Skift
23m
DeepSeek’s Disruption, AirAsia Move's Aspirations and Boeing's Optimism
On today’s briefing we talk about DeepSeek’s impact on travel, AirAsia Move’s new chairman, and Boeing’s sunny take on cloudy ...
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