Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion ...
U.S. News & World Report7d
Boeing Took Nearly $3 Billion Hit in Q4 Related to Strike, Layoffs and Troubled Government Programs
Layoffs and Troubled Government Programs Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a ...
Boeing Q4 Earnings: Labor Strikes And Defense Charges Impact Performance, Loses $4.1 Billion In Free Cash Flow
Boeing reported a 31% revenue decline in Q4 2024, with adjusted loss per share of $5.90. Commercial airplane revenue fell 55% ...
Boeing sees $3.5B cash flow loss due to labor strikes and layoffs in the fourth quarter
Boeing (BA) reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association ...
Yahoo Finance7d
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.
Yahoo Finance7d
Boeing sees $3.5B cash flow loss due to labor strikes and layoffs in the fourth quarter
Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.