BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
And now that the dust has settled at aerospace stock Boeing (BA), it is now time to look to the future, and see if Boeing can pull off anything
The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus.
Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.
Ryanair is confident that Boeing will ramp up its production of 737 MAX jets to 38 per month this summer and that it will be allowed by the administration of U.S. President Donald Trump to then increase that to 42,
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Boeing's focus on core values and product-driven turnaround under CEO Kelly Ortberg offers promising long-term potential. Click here to read why BA is a Buy.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.
FAA sais thaat on 13 January 1982, Air Florida Flight 90 crashed shortly after takeoff from Washington National Airport, Washington, as it collided with the 14th Street Bridge before crashing into the then-ice-capped Potomac River shortly after takeoff.
The conditions in the Potomac River, where the aircraft fell, are extremely rough for the responders, says city fire chief. Officials have not provided details on the fatality count but spoke in sombe