Boeing Posts $11.8 Billion Loss in 2024 Amidst Strikes and Production Issues
Boeing reported a $3.8 billion fourth-quarter loss and an $11.8 billion full-year loss in 2024 due to a machinists' strike, production issues with the 737 Max, and problems with government programs, resulting in lower deliveries and fewer orders compared to Airbus.
Boeing Posts $11.8 Billion Loss in 2024 Amidst Strikes and Production Issues
Boeing reported a $3.8 billion fourth-quarter loss and an $11.8 billion full-year loss in 2024 due to a machinists' strike, production issues with the 737 Max, and problems with government programs, resulting in lower deliveries and fewer orders compared to Airbus.
Progress
48% Bias Score
Boeing Reports \$11.8 Billion Loss in 2024
Boeing reported a \$11.8 billion loss in 2024 due to safety problems, labor strikes, and fixed-price defense contracts; revenue was \$66.5 billion, down 14%.
Boeing Reports \$11.8 Billion Loss in 2024
Boeing reported a \$11.8 billion loss in 2024 due to safety problems, labor strikes, and fixed-price defense contracts; revenue was \$66.5 billion, down 14%.
Progress
36% Bias Score
Boeing Projects $12 Billion Loss in 2024 Amidst Multiple Crises
Boeing projects a $12 billion loss for 2024 due to a series of crises, including a mid-flight fuselage failure, a strike affecting production, and a 10% workforce reduction; the company anticipates resolving these issues under new leadership.
Boeing Projects $12 Billion Loss in 2024 Amidst Multiple Crises
Boeing projects a $12 billion loss for 2024 due to a series of crises, including a mid-flight fuselage failure, a strike affecting production, and a 10% workforce reduction; the company anticipates resolving these issues under new leadership.
Progress
48% Bias Score
Boeing Stock Recovers on Increased Production and Rising Travel Demand
Boeing's stock shows signs of recovery driven by increased production of 737 and 787 aircraft, resolving labor disputes and supply chain issues, and benefiting from rising global travel demand; a cash-secured put strategy is suggested for investment.
Boeing Stock Recovers on Increased Production and Rising Travel Demand
Boeing's stock shows signs of recovery driven by increased production of 737 and 787 aircraft, resolving labor disputes and supply chain issues, and benefiting from rising global travel demand; a cash-secured put strategy is suggested for investment.
Progress
48% Bias Score
Boeing Plea Deal Rejected by US Judge
A US judge rejected Boeing's $243 million plea deal to resolve charges related to two fatal 737 Max crashes, citing concerns about insufficient accountability and the deal's diversity requirements for an independent monitor; families of the victims welcomed the ruling.
Boeing Plea Deal Rejected by US Judge
A US judge rejected Boeing's $243 million plea deal to resolve charges related to two fatal 737 Max crashes, citing concerns about insufficient accountability and the deal's diversity requirements for an independent monitor; families of the victims welcomed the ruling.
Progress
40% Bias Score
Judge Rejects Boeing Plea Deal Over DEI Concerns
A federal judge in Texas rejected Boeing's plea deal to resolve criminal charges related to misleading regulators about the 737 Max jetliner, citing concerns about the deal's diversity, inclusion, and equity policies, creating uncertainty about future criminal prosecution for Boeing.
Judge Rejects Boeing Plea Deal Over DEI Concerns
A federal judge in Texas rejected Boeing's plea deal to resolve criminal charges related to misleading regulators about the 737 Max jetliner, citing concerns about the deal's diversity, inclusion, and equity policies, creating uncertainty about future criminal prosecution for Boeing.
Progress
36% Bias Score
Boeing Posts $11.82 Billion Net Loss in 2024 Amidst Production Issues
Boeing reported a $11.82 billion net loss for 2024, down from a $2.22 billion loss in 2023, due to production quality problems, a 50-day strike, and reduced aircraft deliveries (348 in 2024, the lowest since 2021).
Boeing Posts $11.82 Billion Net Loss in 2024 Amidst Production Issues
Boeing reported a $11.82 billion net loss for 2024, down from a $2.22 billion loss in 2023, due to production quality problems, a 50-day strike, and reduced aircraft deliveries (348 in 2024, the lowest since 2021).
Progress
56% Bias Score
Boeing Posts Record $11.83 Billion Loss in 2024
Boeing reported a $11.83 billion annual loss in 2024, primarily due to a machinist strike, subsequent production delays, and various accounting charges; CEO Kelly Ortberg anticipates a turnaround with cash-flow positivity in the second half of 2025.
Boeing Posts Record $11.83 Billion Loss in 2024
Boeing reported a $11.83 billion annual loss in 2024, primarily due to a machinist strike, subsequent production delays, and various accounting charges; CEO Kelly Ortberg anticipates a turnaround with cash-flow positivity in the second half of 2025.
Progress
44% Bias Score
FAA Demands Cultural Shift at Boeing After 737 Max Panel Blowout
Following a Boeing 737 Max panel blowout in January 2023, the FAA chief demanded a cultural shift at Boeing prioritizing safety over profits, while implementing stricter oversight including grounding 737 Max jets and increasing factory inspections; Boeing is working on improvements, but the process ...
FAA Demands Cultural Shift at Boeing After 737 Max Panel Blowout
Following a Boeing 737 Max panel blowout in January 2023, the FAA chief demanded a cultural shift at Boeing prioritizing safety over profits, while implementing stricter oversight including grounding 737 Max jets and increasing factory inspections; Boeing is working on improvements, but the process ...
Progress
40% Bias Score
Judge Rejects Boeing Plea Deal, Citing Concerns Over Compliance Monitoring
Judge Reed O'Connor rejected Boeing's plea agreement to plead guilty to conspiracy to defraud the FAA, citing concerns over the Justice Department's control of the compliance monitor selection process and the ineffectiveness of a previous agreement, and giving Boeing and the Justice Department 30 da...
Judge Rejects Boeing Plea Deal, Citing Concerns Over Compliance Monitoring
Judge Reed O'Connor rejected Boeing's plea agreement to plead guilty to conspiracy to defraud the FAA, citing concerns over the Justice Department's control of the compliance monitor selection process and the ineffectiveness of a previous agreement, and giving Boeing and the Justice Department 30 da...
Progress
36% Bias Score
Judge Rejects Boeing Plea Deal Over DEI Concerns
A US federal judge rejected Boeing's plea deal over 737 Max safety concerns due to concerns about diversity, inclusion, and equity policies influencing the choice of an independent monitor, leaving the criminal prosecution of Boeing uncertain.
Judge Rejects Boeing Plea Deal Over DEI Concerns
A US federal judge rejected Boeing's plea deal over 737 Max safety concerns due to concerns about diversity, inclusion, and equity policies influencing the choice of an independent monitor, leaving the criminal prosecution of Boeing uncertain.
Progress
36% Bias Score
"Judge Rejects Boeing Plea Deal in 737 Max Case"
"A US federal judge rejected Boeing's plea agreement to plead guilty to deceiving the FAA, citing concerns over the selection process for an independent monitor to oversee Boeing's safety improvements following two fatal 737 Max crashes, raising questions of corporate accountability and regulatory e...
"Judge Rejects Boeing Plea Deal in 737 Max Case"
"A US federal judge rejected Boeing's plea agreement to plead guilty to deceiving the FAA, citing concerns over the selection process for an independent monitor to oversee Boeing's safety improvements following two fatal 737 Max crashes, raising questions of corporate accountability and regulatory e...
Progress
40% Bias Score