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Boeing reports 2024 loss of $11.8 bn
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 Faces $3B Loss in Q4 Due to Strikes and Layoffs
Boeing had previously announced plans to reduce its workforce by 10%, which added to the company's financial strain during the quarter.
Boeing reports 2024 loss of $11.8 bn after strike, safety issues
Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024 that included a lengthy labor strike, major safety issues on commercial planes and defense contract cost overruns. The US aviation giant reported a fourth-quarter loss of $3.
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,
Boeing CEO's optimistic Outlook gives stock a boost
Boeing CEO’s optimistic outlook gives stock a boost despite company’s latest dismal earnings report
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.
What's Next For Boeing Stock After An Optimistic Production Outlook?
BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
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 release with a preannouncement on Jan. 23, there is still a lot that investors wanted to know.
8h
on MSN
Oklahoma aerospace sector aims to retain talent amid Boeing layoffs, industry growth
Timothy smith, recruitment manager, delaware resource group"the aerospace (industry) Is taking off in oklahoma. Some are ...
5d
on MSN
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating ...
6d
on MSN
Boeing took nearly $3 billion hit in Q4 related to strike, layoffs and troubled government programs
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, ...
1d
Boeing Cleared of Labor Law Charges on Training Pilot Layoffs
The Boeing Co. convinced the National Labor Relations Board that it legally laid off unionized instructors who train airline ...
6d
Union investigates claims that Boeing is sending work to non-union locations
Boeing's engineering union is formally investigating claims from its members that the company is moving work to non-union ...
1d
on MSN
Boeing loses almost $1bn every month in 2024
Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.
1d
Long strike costs Boeing billions
Boeing's management let the strike in production go on for 53 days until it granted 33,000 employees a 44 percent pay rise. Production is now up and running again; it is to be further increased and ...
1d
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.
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