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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.
It just means Boeing would use the bankruptcy process to shed some of its unaffordable debt and other obligations. Numerous successful companies, including General Motors and most of the nation ...
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 has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.
The ratings agency estimates that Boeing will incur a cash outflow of about $10 billion in 2024 and will likely require incremental funding. S&P's CreditWatch listing reflects the increased ...
Boeing's not going bankrupt, and it still has options to survive this strike. ... NBC's King 5 affiliate -- suggested on Thursday that this strike could even end in a bankruptcy filing for Boeing.
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 ...
Boeing’s latest production issues surfaced after a door plug blew out midair from a nearly new 737 Max 9 at the start of the year, just as the company was trying to repair years of reputational ...