Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday, contributing to the $35 billion loss since the crashes of two then-new Max jets that killed 346 people.

Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.

U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued

Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.

Boeing Reports $3.8B Loss Amid Strikes and Production Delays. Boeing reported a substantial loss of $3.8 billion (€3.4 billion) for the fourth quarter of 2024, continuing its struggles as ongoing issues,

Boeing commercial jet deliveries dropped last year by more than a third compared to 2023, as the aerospace giant wrestled with multiple major challenges. In data released Tuesday, Boeing (NYSE: BA) reported it delivered 348 airplanes to customers in 2024, down from 528 the year prior.

along with the 777 jet and the 767 cargo plane at factories in Renton and Everett, Washington, halted production at those facilities and hampered Boeing’s delivery capability. The walkout ended ...

A nascent recovery from Boeing’s troubles stalled in the fall when a 52-day Machinists union strike stopped almost all Boeing jet production in its Puget Sound assembly plants.

Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs