Boeing has made progress winnowing its once-massive inventory of undelivered 737 Max and 787s and is now preparing to shutter so-called "shadow factories" in which it has been completing rework on the aircraft.
"That team has done a great job of improving the overall performance and quality of the fuselages," Boeing's CEO said of Wichita-based Spirit AeroSystems.
Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.
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 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 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.
Indian low-cost airline SpiceJet is to restore its grounded Boeing 737 MAX fleet to service after signing a crucial engine maintenance deal.
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 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. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.
EVERETT — Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.
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.