Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.

Boeing expects a $4 billion loss in the fourth quarter of 2024 due to a seven-week labor strike by US Coast factory workers and charges in the defense segment.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday, contributing to the $35 billion loss since the crashes of two ...

The company on 23 January disclosed preliminary 2024 financial results, saying its fourth-quarter loss reflects charges of ...

Troubled American planemaker Boeing Co is down 1.7% in premarket trading on Friday after the company said that it expects to report an operating cash flow loss of $3.5 billion for the fourth quarter ...

Boeing had previously announced plans to reduce its workforce by 10%, which added to the company's financial strain during the quarter.

Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.

That aircraft is a military derivative of the 767 built in Everett. Boeing again attributed the charge to the Machinists strike and final contract creating “higher estimated manufacturing costs.” ...

Commercial Airplanes results will reflect impacts associated with the IAM work stoppage and agreement including lower deliveries and pre-tax ...