Subscribe
Business

Boeing reports $8.4B loss in fourth quarter of record loss year

By Kaelan Deese
Published
Add Washington Examiner on Google
Boeing reports $8.4B loss in fourth quarter of record loss year

Boeing reported an $8.4 billion loss in the fourth quarter of 2020, amounting to a record nearly $12 billion loss for the entire year, company reports show.

The steep drop is likely due to lower demands for planes amid the COVID-19 pandemic, and additional setbacks of its forthcoming 777X plane, which was pushed to at least 2023, according to the company’s quarterly reports.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Airlines American Airlines Boeing