Boeing loses $663 million in 4Q despite higher revenue

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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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Times of India

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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Associated Press News

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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abc News

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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CNN

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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KIFI

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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