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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 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 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 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’s problems aren’t just Boeing’s. They also could spell trouble for the broader US economy. ... The sharp 6.1% drop in new orders for durable goods in January was largely due to fewer ...
In March 2020, the grounding, compounded by the COVID-19 pandemic had already lowered Boeing's stock price to under $100. Boeing was seeking a $60 billion bailout directed towards its aerospace suppliers. [86] Under the too big to fail theory, Boeing is a significant production and employment contributor to the U.S. economy. [87]
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 ...
A major U.S. airline is likely to go out of business because of the coronavirus pandemic, the CEO of Boeing has predicted.Boeing CEO Dave Calhoun spoke to Today on Tuesday about the "grave" threat ...