{"id":84079,"date":"2025-01-29T00:00:00","date_gmt":"2025-01-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/29\/boeing-posts-final-results-y-o-y-losses-see-over-fourfold-increase\/"},"modified":"2025-01-29T00:00:00","modified_gmt":"2025-01-29T00:00:00","slug":"boeing-posts-final-results-y-o-y-losses-see-over-fourfold-increase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/01\/29\/boeing-posts-final-results-y-o-y-losses-see-over-fourfold-increase\/","title":{"rendered":"Boeing posts final results, y-o-y losses see over fourfold increase"},"content":{"rendered":"

Boeing\u2019s full 2024 earnings are in:<\/strong> Aviation manufacturing giant Boeing\u2019s y-o-y net losses surged by 427% to reach USD 11.83 bn, up from USD 2.24 bn, while the firm\u2019s revenues also saw a 14% y-o-y decline in revenues to USD 66.5 bn in 2024, according to its official financial results<\/a>. <\/p>\n

We had a hint of their quarterly earnings earlier: <\/strong>Boeing predicted its 4Q losses<\/a> would surpass market forecasts, having brought in revenues of USD 15.2 bn. The dip in 4Q revenue was due to a six-week-long machinist strike, higher costs in its defense division, and cuts to its workforce, resulting in some USD 2.8 bn in charges. <\/p>\n

\u2026as for its delivery figures: <\/strong>Boeing recorded 348 commercial aircraft deliveries in 2024, slightly above the expected 340 jets<\/a> and down from 480 the year prior<\/a>. The planemaker is not expected to make significant improvements in delivery results before the end of 2025, aviation intelligence firm OAG chief analyst John Grant told CNBC.<\/p>\n

The planemaker\u2019s woes are continuing into 2025: <\/strong>Boeing\u2019s delivery delays and general<\/a>supply chain disruptions<\/a> are set to persist into 2025. \u201cWe don\u2019t expect to get [new Boeing aircraft] until 2026,\u201d Lufthansa Chief Executive Carsten Spohr told journalists in October. Emirates President Tim Clark slammed Boeing the same month for its 777x delivery delays, saying that the airline \u201chad to make significant and highly expensive amendments to [its] fleet programs as a result of Boeing\u2019s multiple contractual shortfalls.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Stories on our radar this morning from around the world<\/p>\n","protected":false},"author":1,"featured_media":84080,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[149],"tags":[148,145,146],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-aviation","tag-boeing","wpautop","entry"],"acf":{"mongo_id":"8d62ebba-5015-440f-a353-06f0f0348050","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/848.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Boeing posts final results, y-o-y losses see over fourfold increase","related_issue":[84063],"teaser":"Stories on our radar this morning from around the world","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.627a027f-2b99-4623-8090-28cef2ae8077.mp3"},"yoast_head":"\nBoeing posts final results, y-o-y losses see over fourfold increase - 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