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Boeing forecasts big loss on defense troubles, strike
Boeing Strike, Defense Charges Hammer Fourth-Quarter Earnings
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize the US aircraft manufacturer.
Boeing Warns of Bigger-Than-Expected $4 Billion Quarterly Loss; Shares Drop
(Reuters) -Boeing expects to report a larger-than-expected loss when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit and losses from a crippling strike.
Boeing forecasts big loss on defense troubles, strike; shares drop 2.6%
Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, citing charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.
Boeing took nearly $3 billion hit in Q4 related to strike, layoffs and troubled government programs
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs.
Boeing Warns Q4 Loss Bigger Than Expected On Costs From Labor Strike
Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing warns of bigger-than-expected $4bln quarterly loss; shares drop
SEATTLE - Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.S. West Coast factory workers.
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expects results and charges across its business in preliminary fourth-quarter results. Boeing hasn't posted an annual profit since 2018. The company expects to take a $1.1 billion on its 777X and 767 programs because of the strike and labor agreement.
Boeing reports steeper quarterly losses, lower revenue
Boeing’s preliminary quarterly results show steeper losses and lower revenue for the aerospace and defense company’s fourth quarter.
Boeing expects Q4 losses due to strikes, program charges
The company's preliminary financial results are based on management estimates and are subject to finalization upon completion of quarter-end financial and accounting procedures. The information disclosed in this article is based on a press release statement from Boeing,
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on MSN
Boeing’s Jeppesen navigation unit draws interest from aerospace, private equity suitors - Bloomberg
Boeing's (NYSE:BA) potential sale of its non-core Jeppesen navigation unit is drawing major aviation suppliers and private ...
2h
on MSN
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
25m
This day in history: Boeing announced layoff; bootleggers pull of ‘sensational’ plot
From 1925: Bootleggers pulled off a “sensational daylight whisky smuggling plot” at Orchard Avenue, near Trent Avenue. A ...
1d
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
7h
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
3h
End Of An Era? Boeing Potentially Delivers Its Final Passenger 777
As first reported by The Air Current, Boeing’s 2024 delivery records suggest that it may have officially concluded production ...
1d
Union Investigates Claims That Boeing Is Sending Work to Non-Union Locations
SEATTLE - Boeing's engineering union is formally investigating claims from its members that the company is moving work to non ...
4d
Boeing Under Pressure: Activists And Warren Buffett Circle
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
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