Boeing stock rallies on plane progress despite $11.8-billion annual loss
Boeing on Tuesday reported an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S. West Coast factory workers.
Boeing reports $11.8 billion loss, largest since 2020
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus in the delivery race and comes under the crosshairs of regulators and customers following a series of missteps.
Cathay Pacific Airways Ltd. has launched a bidding process for dozens of new widebody aircraft, according to people familiar ...
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Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague ...
Its A350F order was finalized in December 2023, with Cathay Pacific opting for 20 more, potentially increasing the order to ...
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Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about ...
Boeing’s quality issues led to major declines, while Airbus fared better. Find out why BA and EADSF stocks could see strong ...
Boeing must turn its fortunes around this year to avoid falling further behind Airbus, which plans a production increase as ...
Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs ...
The Boeing Company reported a massive Q4 loss, with revenues down over 30% and losses per share significantly worse than ...
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Investigators said the guns allegedly used in the killing of a Border Patrol agent in Vermont were purchased in that state.
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