Boeing loses $663 million in 4Q despite higher revenue


Boeing said Wednesday it lost $663 million in the fourth quarter as rising production costs and supply-chain problems offset rising revenue.
It was another disappointing quarter for the aerospace giant, which has yet to recover from fatal crashes involving two of its 737 Max jets and a pandemic that depressed airline demand for new planes until recently.
The loss amounted to…
This story appeared on yahoo.com, 2023-01-25.