Boeing forecasts big loss on defense troubles, strike; shares drop 2.5%
Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.
Boeing Sees Wider Loss, Weak Revenues In Q4; Shares Hit
Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted
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 $4 billion quarterly loss; shares drop
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.
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.
Loss widens and revenue falls in fourth quarter for Boeing
Its loss will widen and revenues weaken in the fourth quarter, Chicago-based US aerospace and defence giant Boeing predicted on Friday. The results are mainly impacted by the work stoppage and agreement with the International Association of Machinists and Aerospace Workers (IAM),
Boeing Reports On Q4 Impacted By Strike: Affirms First 777X Delivery In 2026
In Q3 2024, Boeing booked pre-tax charges of $3 billion on the 777X and 767F programs, split between $2.6 billion and $400 ...
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 ...
Airlines are flying high with record earnings as they bounce back from the pandemic
American, Delta, United, and Alaska all announced record results as the biggest airlines continue to recover from the ...
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
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Boeing warns of bigger than expected $4 billion quarterly loss
Boeing has warned that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality ...
Alaska Airlines Expects To Beef Up Hawaiian’s Airbus A321neo Utilization
Alaska Air Group, the parent company of Alaska Airlines and newly acquired Hawaiian Airlines, is focused on improving its ...
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Alaska Air Group turns strong profit in year defined by Max 9 grounding, Hawaiian purchase
In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier ...
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.
American Airlines Boeing 737 MAX 8 Blows Both Tires Upon Landing At Kingston Argyle Int'l Airport
American Airlines confirmed that the Boeing 737 MAX 8 was pulled from service to undergo maintenance inspections.
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United Airlines ‘More Bullish’ On 737-10, Citing Boeing Progress
United Airlines ‘More Bullish’ On 737-10, Citing Boeing Progress is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Airlines are doubling down on flights to Europe as the continent experiences a travel boom
United and Delta are sending more planes to Europe as travelers take advantage of the lower off-peak crowds and the dollar's ...