Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.
BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
Boeing's executives outlined that the certification of the Boeing 737 MAX 7, MAX 10, and 777X will be the main focus of 2025, with no change in the previously communicated certification timelines. In his opening remarks during the earnings call,
Boeing Company (NYSE: BA) shares are trading lower Wednesday following the company's fourth-quarter earnings report, which showed a drop in performance.
Boeing CEO Kelly Ortberg said the company was “seeing encouraging signs” as it tries to turn around following a rough 2024.
Despite more than $11 billion lost last year, investors are growing more optimistic about Boeing’s financial health. On Tuesday, the plane maker released fourth-quarter earnings showing nearly $4 billion in losses.
Elon Musk is working with Boeing on behalf of President Donald Trump in order to speed up replacements for the president’s planes, known as Air Force One, that are over budget and behind schedule.
On today’s briefing we talk about DeepSeek’s impact on travel, AirAsia Move’s new chairman, and Boeing’s sunny take on cloudy earnings.
Boeing posted a roughly $4 billion loss for the fourth quarter, according to preliminary results last week. The company has taken charges that span its defense and commercial airplane units. CEO Kelly Ortberg is set to detail the company's next steps after safety and manufacturing crises.
Boeing posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.
Boeing appears to have confirmed the German flag carrier Lufthansa as the 777-9 launch customer in its latest earnings conference call.