Boeing loses almost $1bn every month in 2024

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Boeing loses almost $1bn every month in 2024 - BBC Business

Quick Summary:

Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.

The aerospace giant lost $11.8bn across the year, its worst result since 2020, when the aviation industry was grounded by the Covid pandemic.

A strike by 33,000 workers, most of them in Boeing's heartlands around Seattle brought two of its most important factories to a halt, and halted production of the 737 Max, the 777 and the 767 freighter.