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 announced Thursday that it incurred a bigger than expected fourth-quarter loss, concluding a difficult 2024 in which it struggled with a lengthy labor strike and safety problems.
Boeing lost $3.46 per share in the fourth quarter - equating to a total loss of about $4 billion based on its number of outstanding shares - amid a painful machinists' strike that forced a production ...