But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
Though Boeing is poised on 28 January to report a massive loss for 2024, some analysts suspect the company's financial and operational condition will improve as 2025 progresses.
Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.
Four passengers and two crew members were seriously injured Friday when a Washington D.C.-bound United Airlines flight from Nigeria abruptly plunged mid-air, according to dramatic footage and
Boeing is set to report fourth-quarter results before the market opens Tuesday, with analysts expecting the plane maker to have continued burning through cash as it worked to increase production.
Boeing ( BA -1.37%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including Lufthansa, Korean Air Lines and Air China.
Ryanair ( RYAAY) ( OTCPK:RYAOF) Chief Executive Michael O’Leary estimates that plane maker Boeing ( NYSE: BA) will be able to lift output of its 737 Max jetliners to 38 a month by the end of summer and possibly to 42 by October if aviation authorities approve, Reuters reported Monday.