Boeing faced its own challenges. It started 2024 with the hopes of putting its troubled past behind and getting on with aircraft delivery, but the Alaska Airlines midair blowout incident changed the trajectory of its operations for the rest of the year.

COLUMN. The aviation giant announced a loss of nearly $11.8 billion in 2024. The company, in the midst of a storm, needs to focus on its factories to revive production, writes Le Monde columnist Philippe Escande.

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.

"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 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.

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 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.

Boeing has announced its Q4 2024 and full-year results, ending the quarter and the year with a net loss of $3.8 billion and $11.8 billion, respectively, with revenues being significantly lower during the two periods year-on-year (YoY).

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

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.

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.

As the first week of the new Administration concludes, the outlook for the commercial aerospace industry is a mixture of positives and negatives.