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Boeing loses $663 million in 4Q despite higher revenue

Summary by Star Advertiser
Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue.
Published 2 months ago · Arlington, United States

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Boeing loses USD 663 million in 4Q despite higher revenue

Boeing said on Wednesday it lost USD 663 million in the fourth quarter as rising production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from fatal crashes involving two of its 737 Max jets and a pandemic that depressed airline demand for new planes until recently.

2 months ago·Mumbai, India
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Boeing loses $663 million in 4Q despite higher revenue

Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from deadly crashes involving two of its 737 Max jets and a pandemic that depressed airline demand for new planes until recently.

2 months ago·United States
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Boeing loses $663 million in 4Q despite higher revenue

Boeing is reporting a loss of $663 million in the fourth quarter

2 months ago·United States
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Here's what Boeing blames for its big loss

Boeing reported a $650 million operating loss in the fourth quarter, surprising Wall Street analysts who had expected the aircraft giant to turn a profit.

2 months ago·Atlanta, United States
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Boeing loses $663 million in 4Q despite higher revenue

By DAVID KOENIG AP Airlines Writer Boeing is reporting a loss of $663 million in the fourth quarter. Revenue is up, but so are production costs as Boeing struggles with supply-chain problems. Boeing reported fourth-quarter results on Wednesday, and it was another disappointing quarter for the aerospace giant. The loss is a surprise to analysts, who were expecting Boeing to earn 20 cents per share. Revenue is up 35% to just under $20 billion in t…

2 months ago·Idaho Falls, United States
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Boeing Posts Surprise Loss Citing Higher Costs

Boeing reported a surprise $650 million operating loss in the fourth quarter, citing ‘abnormal production costs.’

2 months ago·Australia
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