Boeing has made progress winnowing its once-massive inventory of undelivered 737 Max and 787s and is now preparing to shutter so-called "shadow factories" in which it has been completing rework on the aircraft.
"That team has done a great job of improving the overall performance and quality of the fuselages," Boeing's CEO said of Wichita-based Spirit AeroSystems.
Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
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 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 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. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.
Trump Transportation Nominee Will Keep Boeing 737 MAX Production Cap in Place By David Shepardson WASHINGTON (Reuters) - President Donald Trump's nominee to head the U.S. Transportation Department ...
The company continues to grapple with a series of challenges, including a machinists strike that halted production for seven weeks, manufacturing quality issues, and costly setbacks in government contracts. For the full year, Boeing recorded an $11.8 billion loss, marking another year of turmoil for the Arlington, Virginia-based company.
EVERETT — Boeing CEO Kelly Ortberg sees increased aircraft production in its troubled commercial aircraft division helping with a financial recovery this year after a disastrous 2024 meant a $11.8 billion loss and undelivered planes.
Southwest Airlines' optimism regarding Boeing's ability to deliver an increasing amount of planes to the carrier is on the rise after an up-close assessment, executives said on a Thursday earnings call.