Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42 if it receives permission to do so from the Federal Aviation Administration.
Boeing has crashed to the second biggest annual loss in its 109-year history as the plane maker grapples with the fallout of a major safety scandal.
Boeing Reports $3.8B Loss Amid Strikes and Production Delays. Boeing reported a substantial loss of $3.8 billion (€3.4 billion) for the fourth quarter of 2024, continuing its struggles as ongoing issues,
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued
Boeing posted a fourth-quarter loss of 3.8 billion US dollars (£3.05 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than 35 billion dollars (£28 billion) since 2019 following the crashes of two then-new Max jets that killed 346 people.
The smallest of these is the Boeing 737 MAX 7, which has yet to enter service and is still awaiting certification from the Federal Aviation Administration (FAA). The jet is designed to replace the earlier Boeing 737-700,
The company has now started the assembly of the first Boeing 737 airframe which will later receive the mission equipment to become the Rapid Prototype for
Ryanair ( RYAAY) ( OTCPK:RYAOF) Chief Executive Michael O’Leary estimates that plane maker Boeing ( NYSE: BA) will be able to lift output of its 737 Max jetliners to 38 a month by the end of summer and possibly to 42 by October if aviation authorities approve, Reuters reported Monday.
Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.
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 number of government programs.