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Every year it seems like Boeing (NYSE: BA) runs into more trouble. Some problems -- such as the tragic 737 MAX accidents -- are self-inflicted. Others, like the COVID-19 pandemic, are out of its ...
Boeing is having a rough year. The company has faced mechanical problems, lawsuits, a leadership shake-up, and layoffs. Here's a breakdown of how Boeing's year has gone from bad to worse.
The numbers Boeing released are in line with what the company pre-reported last week, including nearly $3 billion worth of charges in the period due to the labor stoppage, job cuts and problems ...
Boeing reported on Tuesday 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 ...
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike. Boeing reports $6.1 billion loss as strike takes toll on ...
In January 2020, Boeing was said to be securing a loan of $10 billion or more to face rising costs due to the MAX crisis. [ 70 ] [ 71 ] Presenting its 2019 financial results, Boeing doubled its projection to $18.4 Bn after another $9.2 Bn in losses: a $2.6 Bn write-off , $2.6 Bn for lower 737 production, and $4 Bn as an account book loss.
By Dan Catchpole. SEATTLE - CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.
The Boeing 737 MAX 9 involved in Alaska Airlines Flight 1282.. On January 5, 2024, Alaska Airlines Flight 1282 experienced uncontrolled decompression after door plugs securing the emergency exit door panel ejected on the Boeing 737 MAX 9 aircraft used on the flight; the configuration on the 737 MAX 9 included fewer seats than Boeing designs for, necessitating a door plug to obstruct an ...