News Wrap: Boeing reports $6 billion quarterly loss amid strike

Oct 23, 2024 · In our news wrap Wednesday, Boeing reported a $6 billion loss for the latest quarter as striking union workers vote on a new contract, American Airlines was fined $50 …

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News Wrap: Boeing Reports $6 Billion Quarterly Loss Amid Strike

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Oct 23, 2024 · In our news wrap Wednesday, Boeing reported a $6 billion loss for the latest quarter as striking union workers vote on a new contract, American Airlines was fined $50 …

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Boeing Reports US$6 Billion Quarterly Loss | CTV News

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Oct 23, 2024 · Boeing reported a loss of more than US$6 billion in the third quarter and immediately turned its attention to union workers who will vote Wednesday whether to accept …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote ...

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Oct 23, 2024 · Boeing hasn’t had a profitable year since 2018, and Wednesday’s numbers represented the second-worst quarter in the manufacturer’s history. Boeing reported that it lost …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union …

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Oct 23, 2024 · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Awaits Strikers' Vote, Reports $6 Billion Quarterly Loss

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Oct 23, 2024 · Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote ...

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Oct 24, 2024 · EVERETT, Wash. (AP) — Boeing reported a third-quarter loss of more than $6 billion before turning its attention to whether striking factory workers would accept a contract …

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Boeing Reports $6 Billion Loss Ahead Of Pivotal Union Vote - The Hill

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Oct 23, 2024 · Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote On ...

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Oct 23, 2024 · Boeing reported that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research had …

kwch.com

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Boeing Reveals $6 Billion Quarterly Loss Ahead Of Key Vote By …

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Excluding one-time items, Boeing had a loss of $10.44 a share, wider than the $10.40 FactSet consensus. Revenue fell 1% to $17.840 billion from $18.104 billion, but was above the …

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Striking ...

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Oct 23, 2024 · Earnings Results Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists Boeing shows a surprise revenue beat, which is weighing against a wider …

marketwatch.com

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Boeing Reports $6 Billion Quarterly Loss Ahead Of Vote By Union …

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Oct 23, 2024 · EVERETT, Wash. (AP) — Boeing reported a massive loss of more than $6 billion in its third quarter, dragged down by a work stoppage and charges tied to its commercial …

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Boeing Reports $6B Quarterly Loss Ahead Of Vote By Union Workers

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Oct 23, 2024 · EVERETT, Wash. — Boeing reported a massive loss of more than $6 billion in its third quarter, dragged down by a work stoppage and charges tied to its commercial aircraft …

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Boeing’s Terrible Year Is Ending With The Worst Aviation ... - CNN

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20 hours ago · In October, Boeing announced one of its worst financial quarters in years, with its core operating loss surging to $6 billion in the third quarter. It was poised to report its biggest …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote ...

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Oct 23, 2024 · Boeing hasn’t had a profitable year since 2018, and Wednesday’s numbers represented the second-worst quarter in the manufacturer's history. Boeing reported that it lost …

ap.org

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Boeing Factory Workers Strike After Rejecting Contract - NBC News

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Sep 13, 2024 · Workers in the Seattle area and Oregon voted 94.6% against a tentative agreement Boeing and the International Association of Machinists and Aerospace Workers …

nbcnews.com

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'It's Still In Shambles': Can Boeing Come Back From Crisis?

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4 days ago · According to consultants Anderson Economic Group, the strike cost the company more than $5.5 billion. Airbus versus Boeing: the fallout All of this came at a time when the …

bbc.co.uk

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Fatal Jet Crash In South Korea Is Latest Setback For Boeing

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11 hours ago · In October, Boeing reported a third-quarter loss of more than $6 billion because of charges for several commercial, defense and space programs and the impact of the strike on …

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Boeing Reports $6 Billion Quarterly Loss As Striking Workers Vote ...

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Oct 23, 2024 · EVERETT, Wash. (AP) — Boeing reported a third-quarter loss of more than $6 billion before turning its attention to whether striking factory workers would accept a contract …

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Boeing: 4 Reasons It Will Be The Comeback Story Of 2025

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2 days ago · Boeing spent a month training and certifying factor workers after the strike to get all production back online on Dec. 18, 2024. ... The shutdown cost Boeing an estimated $5.5 …

marketbeat.com

FAQs about News Wrap: Boeing reports $6 billion quarterly loss amid strike Coupon?

How much did Boeing lose?

Boeing said Wednesday that it lost $6.17 billion in the period ended Sept. 30, with an adjusted loss of $10.44 per share. Analysts polled by Zacks Investment Research were calling for a loss of $10.34 per share. Revenue totaled $17.84 billion, matching Wall Street estimates. Shares were flat before the opening bell. ...

How much did Boeing lose in Q1?

The company had a net loss of $6.17 billion, for the quarter, or $9.97 a share, wider than the loss of $1.64 billion, or $2.70 a share, posted in the year-earlier period. Excluding one-time items, Boeing had a loss of $10.44 a share, wider than the $10.40 FactSet consensus. ...

Why did Boeing lay off 10% of its workforce?

Boeing also announced at the time plans to lay off about 10% of its workforce, and Chief Executive Kelly Ortberg told investors the business was “in a difficult position.” The company had a net loss of $6.17 billion, for the quarter, or $9.97 a share, wider than the loss of $1.64 billion, or $2.70 a share, posted in the year-earlier period. ...

Why did Boeing cut 10% of its workforce during the strike?

During the strike Boeing announced it would be forced to cut 10% of its global workforce of 171,000 employees in a cost-saving move to limit losses going forward. In October, Boeing announced one of its worst financial quarters in years, with its core operating loss surging to $6 billion in the third quarter. ...

How much money did Boeing lose during labor negotiations?

Boeing reports $6 billion losses as labor contract negotiations continue, with union members set to vote on a contract with a 35-percent pay increase. ...

Why did Boeing report a disappointing earnings report?

The disappointing earnings report comes the same day as striking machinists are voting on a new contract offer. Boeing reported a staggering loss of $6 billion in the third quarter on Wednesday, as its striking machinists voted on whether to accept a new contract offer. ...