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 sees $3.5B cash flow loss due to labor strikes and layoffs in the fourth quarter
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association ...
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing has not posted an annual profit since 2018. The company expects to take a $1.1 billion charge on its 777X and 767 programs because of the strike and new contract. "Although ...