Reported 1 day ago
Boeing has reported a substantial fourth-quarter loss of $3.8 billion, contributing to over $35 billion in losses since 2019 due to the crashes of two Max jets. The company is grappling with ongoing issues including a machinists strike and production challenges, with its full-year loss for 2024 reaching $11.8 billion. Revenue fell to $15.2 billion, below expectations, as deliveries of aircraft were significantly reduced, highlighting the struggles Boeing faces in recovering from its recent setbacks.
Source: YAHOO