Boeing CEO Dave Calhoun on the better-than-expected quarter for the company. But it continues to burn cash as it tries to stabilize production following a near-catastrophic door blowout on a 737 Max earlier this year. Read more at the #linkinbio. #cnbc
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Boeing CEO Dave Calhoun on the better-than-expected quarter for the company. But it continues to burn cash as it tries to stabilize production following a near-catastrophic door blowout on a 737 Max earlier this year. Read more at the #linkinbio. #cnbc
3.8K viewsApr 24, 2024
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Boeing (BA) Q4 2025 Earnings Call Transcript
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Boeing will cut 10% of its workforce, or about 17,000 people, as the company's losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. Boeing expects to report a loss of an $9.97 a share in the third quarter, the company said in a surprise release on Friday. It took charges in both its commercial airplane unit and defense business. | CNBC
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Boeing will cut 10% of its workforce, or about 17,000 people, as the company's losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. Boeing expects to report a loss of an $9.97 a share in the third quarter, the company said in a surprise release on Friday. It took charges in both its commercial airplane unit and defense business. | CNBC
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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. The company said it expects to post a loss of $5.46 per share for the fourth quarter. It said it expects its revenue to be $15.2 billion, less than analysts' expectations, according to LSEG estimates. Boeing said it likely burned through $3.5 billion in cash in the quarter. | CNBC
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Boeing CEO Kelly Ortberg said Wednesday its jetliner deliveries drove it back into cash-positive territory for the first time in nearly two years, but it took a $4.9 billion charge on additional delays of its long-awaited 777X wide-body plane. Read more: cnb.cx/47fEu3l | CNBC
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United says it expects to post an adjusted loss of between 35 cents and 85 cents a share for Q1 due to the FAA’s grounding of Boeing 737 Max-9 planes. https://cnb.cx/3vJI05J | CNBC
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