Hopes for turnaround lift Boeing shares despite huge losses

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NEW YORK, Jan 29 — Boeing reported a hefty fourth-quarter loss yesterday following a bruising 2024, but shares rallied o...

Ortberg expressed confidence in achieving higher MAX output, telling CNBC "I expect by the second half of the year, we'll have that approval, and we'll be moving to a higher production rate".

Boeing's fourth quarter loss took the company's full-year loss -- its sixth in a row -- to $11.8 billion.

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Category: EconomyBusiness

Markets: MalaysiaPanama

Topics: Donald trump Air force one Boeing Ceo FAA 2025 Regulators Alaska Airlines Safety concerns Kelly ortberg Production 737 MAX Loss Elon musk United States Turnaround New Aviation jobs 2024 Federal Aviation Administration

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Published On: 2025-01-29 @ 08:49:48 (1 days ago)

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Language: English

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