Boeing loses $663 million in 4Q despite higher revenue

Boeing Loses $663 Million in 4th Quarter 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. Boeing lost $5 billion for the full year, pushing its losses since the start of 2019 to nea…

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.

Boeing loses $663 million in 4Q despite higher revenue

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 …

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.

Boeing loses $663 million in 4Q despite higher revenue

The loss is a surprise to analysts, who were expecting Boeing to earn 20 cents per share.

Boeing loses $663 million in 4Q despite higher revenue – KION546

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,