COLUMN. The aviation giant announced a loss of nearly $11.8 billion in 2024. The company, in the midst of a storm, needs to focus on its factories to revive production, writes Le Monde columnist Philippe Escande.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Boeing Reports $3.8B Loss Amid Strikes and Production Delays. Boeing reported a substantial loss of $3.8 billion (€3.4 billion) for the fourth quarter of 2024, continuing its struggles as ongoing issues,
Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.
U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.
Indian low-cost airline SpiceJet is to restore its grounded Boeing 737 MAX fleet to service after signing a crucial engine maintenance deal.
Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.
Star Alliance carrier United Airlines has extended its lead as the world's largest airline in terms of fleet size with the historic delivery of its 1,000th aircraft. The Boeing 737 aircraft was delivered this week,
The sizeable loss caps a rough year for Boeing. A strike by the machinists who assemble the best-selling 737 Max, along with the 777 jet and the 767 cargo plane at factories in Renton and Everett, Washington, halted production at those facilities and hampered Boeing’s delivery capability.
The year 2024 was quite eventful for both United Airlines and Boeing, to say the least. Both companies faced several challenges, some of which were related to each other, but both ended the year quite differently.