Boeing posts $3.8 billion Q4 loss and has lost more than $35 billion since fatal crashes in 2019
- Boeing reported a fourth-quarter loss of $3.8 billion, continuing its trend of annual losses since 2018, largely due to a machinists strike and other issues.
- The company has lost over $35 billion since 2019 following two fatal crashes of its 737 Max jets that killed 346 people.
- Boeing's revenue for the fourth quarter was $15.2 billion, below analysts' expectations, and full-year revenue declined 14% from 2023.
- Key customers, including American Airlines and Ryanair, are affected by delivery delays and have adjusted their flight schedules accordingly.
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Total News Sources0
Leaning Left12Leaning Right9Center24Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 27%
C 53%
R 20%
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