Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.

Boeing has been losing money for over five years and is now dealing with a strike that has shut down factories in the Seattle area. The staff cuts will include executives and managers, the CEO said.

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's loss per share was $5.46 per share, well above the $3.08 loss that Wall Street analysts expected, according to the data firm FactSet.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than $35 ...

Boeing CEO Kelly Ortberg said in a statement to employees Friday afternoon that the company will lay off about 10% of its staff “over the coming months.” “We must also reset our workforce ...

Boeing is scaling back production plans for the 767 and next-gen 777-X freighters, which could create a shortage of widebody cargo aircraft later this decade. The post Boeing to sunset 767 ...

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.

Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.