Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday, contributing to the $35 billion loss since the crashes of two ...
Boeing lost nearly a billion dollars a month in 2024, as it grappled with a safety crisis, quality control issues and a ...
Boeing Co (NYSE:BA) reported a 31% year-over-year revenue decline to $15.242 billion in the fourth quarter of 2024, missing ...
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India Today on MSNBoeing Faces $3B Loss in Q4 Due to Strikes and LayoffsBoeing 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.
A strike by 33,000 workers, most of them in Boeing's heartlands around Seattle brought two of its most important factories to a halt, and halted production of the 737 Max, the 777 and the 767 ...
BA's Q4 revenues amount to $15.24 billion, which beat the Zacks Consensus Estimate by 0.4% and decrease 31% from the year-ago ...
As of the end of 2023, Boeing had about 170,000 employees. Other cost-cutting measures the company is taking include discontinuing the 767 cargo plane, Ortberg said. Before the cost-cutting moves ...
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