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Boeing reports $11.8 bln in 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 $11.8 loss for the year, already ramping up production
Boeing operates its defense business, which is in a separate unit from the company’s commercial plane segment, in the St. Louis area and employs about 15,000 people.
Boeing CEO Outlines Path to Recovery
Boeing CEO Outlines Path to Recovery After Nearly $4 Billion Quarterly Loss
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.
Boeing CEO Ortberg looks forward after heavy losses and cash drain
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: Another Quarter Of Massive Losses
The Boeing Company reported a massive Q4 loss, with revenues down over 30% and losses per share significantly worse than expected. Learn more on BA stock here.
1h
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 ...
1h
on MSN
Boeing Confirms Its Bad Earnings. Why the Stock Is Higher.
Boeing reported its full fourth-quarter results Tuesday morning. Even though the company took a lot of drama out of the ...
5h
Boeing is working with Elon Musk to deliver Air Force One replacements sooner
President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor ...
9h
on MSN
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 ...
8h
on MSN
Boeing loses $1b every month in 2024
Boeing reported its second biggest annual loss ever after a tough year after a mid-air accident and worker strikes.
10h
on MSN
Boeing 'Focused on Making the Fundamental Changes Needed,' CEO Says
Boeing on Tuesday reported a fourth-quarter net loss in line with its recently issued preliminary results, closing out a ...
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 ...
58m
on MSN
These Stocks Moved the Most Today: Nvidia, GM, Boeing, Lockheed, JetBlue, Royal Caribbean, Amazon, and More
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted ...
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