Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Boeing posts USD 3.8 billion loss, has lost more than USD 35 billion since fatal crashes in 2019

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Boeing posts USD 3.8 billion loss, has lost more than USD 35 billion since fatal crashes in 2019
PTI News
Dated:- 28-1-2025
PTI
Washington, Jan 28 (AP) Boeing posted a fourth-quarter loss .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of USD 3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than USD 35 billion since 2019 following the cras .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hes of two then-new Max jets that killed 346 people. The numbers Boeing released are in line with what the company pre-reported last week, including nearly USD 3 billion worth of charges in the peri .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... od due to the labour stoppage, job cuts and problems with a number of government programmes. Boeing's loss per share was USD 5.46 per share, well above the USD 3.08 loss that Wall Street analysts ex .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... pected, according to the data firm FactSet. The fourth quarter caps a rough year for Boeing. A strike by the machinists who assemble the best-selling 737 Max, along with the 777 jet and the 767 carg .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o plane at factories in Renton and Everett, Washington, halted production at those facilities and hampered Boeing's delivery capability. The walkout ended after more than seven weeks when the compan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y agreed to pay raises and improved benefits. (AP) PY PY
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates