Boeing faced a tough year in 2024, losing nearly $1 billion per month and a total of $11.8 billion, its worst result since the 2020 pandemic.
Issues included safety and quality control problems, a damaging strike, and challenges in both its commercial and defense divisions.
A door panel failure on a 737 Max and ongoing concerns about past crashes added to its troubles.
The company also faced a seven-week strike that halted production of key aircraft models, costing billions, the BBC has reported.
CEO Kelly Ortberg, appointed in August, is focused on restoring trust and stabilizing operations, while Boeing also announced layoffs and delayed the 777X’s entry.
Written by B.C. Begley
