Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,
Boeing details losses from labor strike, new contract
Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor strike and a new labor agreement last year, as well as other issues at the manufacturer.
Boeing Warns Q4 Loss Bigger Than Expected On Costs From Labor Strike
Boeing announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing Stock Drops as Q4 Loss Widens Beyond Expectations
Boeing Co. (NYSE:BA) saw a 1% decline in after-hours trading Thursday after releasing its preliminary fourth-quarter results, which revealed a deeper-than-expected loss. The airplane manufacturer cited challenges
Boeing sees $3.5B cash flow loss due to labor strikes and layoffs in the fourth quarter
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association of Machinists) work stoppage alongside workforce reductions and changes to its defense business.
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expects results and charges across its business in preliminary fourth-quarter results. Boeing hasn't posted an annual profit since 2018. The company expects to take a $1.1 billion on its 777X and 767 programs because of the strike and labor agreement.
Boeing sees wider-than-expected Q4 loss; shares slip in afterhours trading
Boeing fell in afterhours trading Thursday after airplane maker said it expected to report fourth-quarter loss that was wider than analyst estimates as the impact of striking workers and production issues weigh.
Boeing Shares Drop Pre-Market As Labor Strikes Expected To Wipe $3.5B From Airplane Maker's Q4 Cash Flow
Troubled American planemaker Boeing Co is down 1.7% in premarket trading on Friday after the company said that it expects to ...
US Adds 256K Jobs in December, Normalizing After Strikes, Storms
The Labor Department reported Friday that job growth increased in December, rising from November's total of 212,000.
Boeing 2024 Plane Deliveries Tumble On Labor, Safety Woes
Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks.