Boeing records loss in 2023, but better than expected results; no guidance for 2024 - News Summed Up

Boeing records loss in 2023, but better than expected results; no guidance for 2024


By Dan CatchpoleSubscription RequiredJan. 31, 2024 © Leeham News: Boeing posted a $5.8B loss in 2023, a substantial improvement over the previous year’s $11B loss. Boeing Commercial Airplanes even posted a $41M profit in the fourth quarter–the first profitable quarter since the beginning of 2019. (It is the second time in five years that Boeing has asked a retired admiral to help review safety on the MAX program.) Boeing pulls exemption request forThe company also pulled its request for a certification exemption for the smallest MAX variant, the 737-7. Accounting for holidays and resuming deliveries to China, that would put deliveries in 2024 at more than 500.


Source: Ethiopian News January 31, 2024 23:01 UTC



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