Heavy losses in the American “Boeing” and the company is trying to recover in 2025

Last year, the American aircraft manufacturer “Boeing” closed 2024 with a heavy loss and weak sales according to the initial figures issued by the company, stressing that it is trying to recover and recover its power in the new year, according to the European Euronews network in its international version.

Reasons for the decline and losses of “Boeing”

Boeing admitted the size of the losses she incurred, noting that it reaches approximately 3 billion dollars at about 2.85 billion euros, in the fourth quarter of 2024 due to the employment strike for a long time and reduced jobs and problems in a number of government programs, which says that labor strikes and protests have harmed the condition The company.

Boeing shares in red

As a result, the giant airline, which is based in Chicago, said that it will be a loss of $ 5.46, equivalent to 5.19 euros per share when its full financial results are issued.
The Wall Street analysts expected a loss of $ 1.80 per share in the fourth quarter.
Also read: Boeing and Airbus crises are reflected in the performance of airlines around the world

A difficult year for “Boeing”

The big loss concludes a difficult year for Boeing. The strike of machinery workers who collect the best -selling 737 Max plane alongside 777 plane and 767 charging plane in factories in Renton and Evert, Washington State, has stopped production in those sites and obstructing the delivery capabilities of Boeing to other companies contracting with it In America and the world.
The strike ended more than seven weeks after the company agreed to increase wages and improve the advantages of workers.
The delivery and requests for Boeing aircraft in 2024 reflect the difficult for the company
Boeing shares fell after the plane crash in South Korea, while the giant airline announced earlier that it would reduce its operating power by 10%.
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Government program costs and fees

The company said it also incurred losses of $ 1.1 billion (1.05 billion euros) related to the 777 and 767 programs in the fourth quarter.
Boeing bore an additional $ 1.7 billion (1.62 billion euros) fees related to a number of government programs, including a fuel supply plane for military aircraft and an alternative plane for the presidential plane.

Close challenges in front of “Boeing”

“Although we are facing challenges in the short term, we have taken important steps to achieve stability in our business during the quarter and make a successful capital to improve the public budget.”
He added: “We have also resumed the production of 737, 767 and 777 aircraft with a focus on the hard work that awaits us to build a new future for Boeing.”

Boeing revenue

Boeing said that the fourth -quarter revenues amounted to $ 15.2 billion (14.46 billion euros), which is much lower than the estimates of analysts of $ 16.6 billion (15.8 billion euros).
Meanwhile, Boeing might sell the non -basic navigation unit “Japoin” for between 6 to 8 billion dollars to reduce the burden of its debt of $ 58 billion, the Bloomberg Network said.
The Boeing share price decreased slightly in trading after issuing the initial results, but it changed its path and began to rise by more than 2%.