January 30, 2025
Boeing reports the biggest losses since 2020 - almost $ 12 billion thumbnail
Economy

Boeing reports the biggest losses since 2020 – almost $ 12 billion

Boeing has reported an annual loss of $ 11.83 billion, the largest since 2020, as it fights problems in its commercial and defense units and the effects of the devastating strike of the plant workers on the Western coast of the United States.”, – WRITE: epravda.com.ua

Boeing has reported an annual loss of $ 11.83 billion, the largest since 2020, as it fights problems in its commercial and defense units and the effects of the devastating strike of the plant workers on the Western coast of the United States. Reuters writes about it. This damage is demonstrated by the challenges that CEO Kelly Ortberg faces, trying to change the situation with aircraft construction, as the company is inferior to Airbus competitor in the supply race and falls under the sight of regulators and customers after a number of errors. Ortberg, who headed the airline company in August, stated that the company had made progress in restoring the stability of its production lines after a terrible accident in the air in 2024, which caused anxiety about the safety of its aircraft. % up to $ 15.24 billion compared to last year. Cash in 2024 amounted to $ 14.3 billion compared to a positive cash flow of $ 4.43 billion in 2023. Read also: “Reputation Mine Field”: What is Alaska Airlines accident threatens Boeing advertisements: Boeing loses confidence and lags behind Airbus: As the Crisis of the Air Gigant Squeezed the Balance of Market Potential Catastrophe: What Problems of the US Economics They resumed in December after the devastating strike of workers who slowed production last fall, but the annual supplies of the company fell in 2024 to the lowest level since the Covid-19 pandemic.

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