Boeing forecasts big loss on defense troubles, strike; shares drop 2.5%
Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.
Boeing Took Nearly $3 Billion Hit in Q4 Related to Strike, 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 number of government programs
Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
By Dan Catchpole, Allison Lampert and David Shepardson SEATTLE (Reuters) -Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis,
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
Boeing reports steeper quarterly losses, lower revenue
Boeing’s preliminary quarterly results show steeper losses and lower revenue for the aerospace and defense company’s fourth quarter.
Alaska Air 2024 profits rise despite rough start, costly acquisition
Despite a rough start to 2024 and the cost of buying Hawaiian Air, Alaska Air made a net profit of $395 million last year.
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Trump DOT secretary pick pledges to maintain Boeing 737 MAX production cap
President Trump’s Department of Transportation Secretary nominee has pledged to maintain a cap on Boeing 737 MAX production ...
Hawaiian, Alaska airlines roll out combined schedule
Alaska Air Group has released details of its combined schedule for Alaska and Hawaiian airlines, with adjustments beginning ...
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
World’s safest airlines revealed — Alaska named top US flyer even after 2024 door incident
Air New Zealand, which flies one of the longest regularly scheduled routes on the entire planet, took the top award, handed ...
Alaska Airlines helps to fuel ascent of aerospace sustainability and workforce development in Greater Seattle
A Seattle-based airline with a global reach, Alaska Airlines is at the forefront of regional and industry sustainability ...
Boeing's dismal 2024 deliveries show just how much of a challenge CEO Kelly Ortberg faces
Boeing delivered 348 aircraft last year — less than half Airbus managed and the lowest since the pandemic. The new CEO has a ...
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Alaska Airlines adds 3 new Alaska routes, including its longest flight on an Embraer jet
Alaska Airlines will offer travelers three new nonstop ways to visit its namesake state next summer, including a new longest ...
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Mechanics ‘inadvertently’ taxi Alaska Airlines plane into ditch at airport, officials say
Alaska Airlines communications director Tim Thompson said that a maintenance team for the airline was repositioning the plane ...
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Hawaiian Airlines lays off 61 noncontract workers
Hawaiian Airlines has begun its second round of merger-related layoffs, and on Thursday issued WARN (Worker Adjustment and ...
Strong Financial Performance and Positive Outlook Drive Alaska Air’s Buy Rating
Deutsche Bank analyst Michael Linenberg has maintained their bullish stance on ALK stock, giving a Buy rating on January 17.Invest with ...
Elon Musk Probes Competitor Boeing on New Air Force One Jet
Elon Musk has taken on a new role as the First Buddy: monitoring the progress on the long-awaited revamped Air Force One jets. The new Air Force One planes, made by Boeing, are currently $2.7 billion ...