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flag Boeing reports its worst year since 2020, with a massive $11.8 billion annual loss in 2024.

flag Boeing reported a $3.9 billion loss for Q4 2024, with an annual loss of $11.8 billion, marking its worst year since 2020. flag Revenue fell 31% to $15.2 billion, missing forecasts. flag Challenges included a labor strike, safety issues with the 737 MAX, and cost overruns in defense contracts. flag Despite these issues, Boeing bolstered its cash reserves to $26.3 billion and plans to enhance safety compliance and gradually ramp up MAX production in 2025.

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