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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 continued to build the 737 Max throughout the crisis). Then, of course, the pandemic happened, which dealt an even tougher blow to the company, resulting in nearly $12 billion in losses ...
The troubled aerospace giant Boeing says it delivered just 348 aircraft to its customers last year, its lowest output since the pandemic. Boeing ended the year with a backlog of 5,595 unfilled orders.
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 said it would produce fewer 737 Max jets than it originally planned for the rest of this year as it tries to fix problems on its assembly lines. Production of its larger 787 Dreamliner will ...
American aerospace giant Boeing reported Q1 2022 earnings that missed expectations last week, further adding to its stock’s decline which has been on a downtrend since mid-2021 peaks.
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many ...
Boeing and other aircraft manufacturers have dealt with staggering supply-chain issues since the pandemic. A Boeing quality investigator is doubling down on claims he made earlier this year about ...