Boeing has reported another grim financial quarter, posting a US$3.8 billion loss for Q4 2024. The struggling aerospace giant has now accumulated more than $35 billion in losses since 2019, when two fatal crashes involving its 737 Max jets killed 346 people.

But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.

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 posted weaker-than-expected Q4 2024 earnings as labor strikes and defense program charges weighed heavily on its results.

The company continues to grapple with a series of challenges, including a machinists strike that halted production for seven weeks, manufacturing quality issues, and costly setbacks in government contracts. For the full year, Boeing recorded an $11.8 billion loss, marking another year of turmoil for the Arlington, Virginia-based company.

Boeing reported its full fourth-quarter results Tuesday morning. Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

U.S. planemaker Boeing posted a loss of $3.8 billion in the fourth quarter, it said on Tuesday as a machinists strike and other problems continued

Boeing generated fourth-quarter sales of $15.2 billion, while Wall Street was looking for $16.6 billion, according to FactSet. The fourth-quarter loss per share was $5.46, compared with the loss ...

Shares of NVIDIA Corp. and Boeing are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory.

On Tuesday, the company reported losses of almost $4 billion in the fourth quarter. Since 2019, Boeing has reportedly bled more than $35 billion as a result of two deadly 737 Max crashes, and then the machinist's strike last fall.

Led by positive growth for shares of Boeing and Salesforce, the Dow Jones Industrial Average is up Tuesday morning.