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 ...

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 ...

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

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.