Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
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.
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Why Boeing’s stock isn’t tumbling, even after an ‘eye-watering’ loss warning
Shares of Boeing Co. were leaning lower Friday, but some may wonder why they’re not actually tumbling considering the aerospace giant’s warning of a massive fourth-quarter net loss. That’s because with all of Boeing’s issues,
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
Boeing forecasts bigger-than-expected quarterly loss on defense troubles, strike hit
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 investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing and Google each give $1m for Trump inauguration
US aviation giant Boeing has told BBC News it is donating $1m (£812,600) to an inauguration fund for President-elect Donald ...
The Hill17d
Google, Boeing join growing list of companies donating to Trump’s inauguration
Google and Boeing have each given $1 million to President-elect Trump’s inaugural committee, joining a growing list of major corporations supporting the Jan. 20 event. “Google is pleased to ...
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
NBC Los Angeles12d
Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024
Boeing's 2024 deliveries fell by about a third from a year earlier to 348 airplanes. The company's delivery gap with rival ...
Boeing and Google each Donate $1m to Trump’s inauguration,” reports
US aviation giant Boeing has confirmed to BBC News that it is contributing $1 million (£812,600) to the inauguration fund for ...
Bloomberg on MSN2d
Musk Checks New Air Force One: What it Means for Boeing
Billionaire Elon Musk scrutinized the red tape entangling the Air Force One revamp in late December, according to people ...
tbsnews4d
Union investigates claims that Boeing is sending work to non-union locations
Union officials worry that the company is using a company-wide downsizing mandate to send work away from the Seattle area, where SPEEA represents 17,000 Boeing workers ...
Boeing Sees Wider Loss, Weak Revenues In Q4; Shares Hit
Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted ...