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The company also continued to burn cash, with negative free cash flow of $4.1 billion for the quarter and $14.3 billion for all of 2024, an amount even greater than its reported full-year net loss ...
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 ...
And it said that the company’s projected annual cash flow will fall short of the $4.3 billion of debt coming due in 2025 and also the $8.0 billion coming due in 2026, and that Boeing will ...
In the early hours of April 24, the Boeing Co. posted staggering losses for Q1 of 2024. The troubled manufacturer suffered a deficit of $3.8 billion in free cash flow, meaning that it bled 22 ...
A year ago, Boeing's operating cash flow stood at $22 million. On the conference call, Boeing CFO Brian West said the company expects to burn more cash in the fourth quarter, that the company ...
A month ago, West forecast Boeing would generate free cash flow “in the low single-digit billions.” The new forecast shows the mounting costs of the plane maker’s latest crises.
West said lower deliveries, lower production volumes at its commercial division and pressure on working capital is affecting free cash flow. It means Boeing will need more time to hit a goal ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...