Boeing's Bold Recovery Plan! 🚀
Boeing's CEO Kelly Ortberg has just unveiled a bold recovery plan after facing a staggering $3.86 billion loss in Q4 2024! 🚨 With ongoing delays in aircraft deliveries, including the 737 Max and Dreamliners, along with strikes and rising defense project costs, Boeing is under pressure. In Q4 alone, the company burned through $3.5 billion, with revenues hitting just $15.24 billion—below expectations. ✂️ American Airlines and Ryanair are cutting flights due to these delays, and Boeing hasn't seen a profit since 2018. But there's a glimmer of hope! ✈️ Production of the 737 Max has resumed, and test flights for the 777X have restarted. Can Boeing turn things around in 2025? Let’s find out!
#Boeing #AviationNews #BusinessRecovery #AirlineIndustry #737Max #777X
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