Source: Boeing Fourth Quarter 2024 Finalized the International Association of Machinists and Aerospace Workers (IAM) agreement and resumed production across the 737, 767 and 777/777X programs Financials reflect previously announced impacts of the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions announced last year Revenue of $15.2 billion, GAAP loss per share of ($5.46) and core (non-GAAP)* loss per share of ($5.90) Operating cash flow of ($3.5) billion; cash and marketable securities of $26.3 billion Full Year 2024 Delivered 348 commercial airplanes and recorded 279 net orders Total company backlog grew to $521 billion, including over 5,500 commercial airplanes Table 1. Summary Financial Results Fourth Quarter Full Year (Dollars in Millions, except [...]

Source: Boeing Results impacted by the International Association of Machinists and Aerospace Workers (IAM) work stoppage and agreement, as well as charges in the defense segment The Boeing Company has announced that it will recognize impacts to its financial results related to the IAM work stoppage and agreement, charges for certain Defense, Space & Security programs and costs associated with workforce reductions announced last year when it reports fourth quarter results on January 28. The company expects to report fourth quarter revenue of $15.2 billion, GAAP loss per share of ($5.46), and operating cash flow of ($3.5) billion. Cash and investments in marketable securities totaled $26.3 billion at the end of the quarter. "Although we face near-term challenges, we took [...]

Source: Boeing The Boeing Company has announced major program deliveries across its commercial and defense operations for the fourth quarter of 2024. The company will provide detailed fourth quarter financial results on January 28. Major program deliveries during the fourth quarter were as follows: Major Programs 4th Quarter 2024 Full Year 2024 Commercial Airplanes Programs 737 36 265 767 3 18 777 3 14 787 15 51 Total 57 348 Defense, Space & Security Programs AH-64 Apache (New) 6 16 AH-64 Apache (Remanufactured) 10 34 CH-47 Chinook (New) 2 4 CH-47 Chinook (Renewed) 2 9 F-15 Models 4 14 F/A-18 Models 6 11 KC-46 Tanker — 10 MH-139  3 6 P-8 Models — 4 T-7A 1 2 Commercial and Civil [...]

Source: Airbus Airbus delivered 766 commercial aircraft in 2024. 878 gross orders (826 net), including 82 A330s and 142 A350s Demonstrates continued momentum for widebody orderbook complementing leading position in single aisle market The 2024 year end backlog stands at 8,658 aircraft. Airbus delivered 766 commercial aircraft to 86customers around the world in 2024. The Commercial Aircraft business registered 878 gross new orders. As a result, its 2024 year end backlog stood at 8,658 aircraft. Christian Scherer, CEO Commercial Aircraft at Airbus said, “2024 confirmed sustained demand for new aircraft. We won key customer decisions with most important customers and saw phenomenal momentum for our widebody orderbook, complementing our leading position in the single aisle market. On deliveries, we kept [...]

Source: Embraer Embraer , one of the global leaders in the aerospace industry, delivered 75 aircraft in 4Q24 – or 27% higher than in the previous quarter (3Q24), when 59 aircraft were delivered, and equal to the volume of the same period of 2023 (4Q23). For the full year, 206 aircraft were delivered in 2024 – a number 14% higher than the 181 recorded in 2023. With 31 deliveries in the last three months of the year, Commercial Aviation reached 73 new aircraft in 2024 (at the top of the revised 70-73 guidance range for the year, and inside the original 72-80 guidance). Meanwhile, Executive Aviation was responsible for another 44 jets in the quarter, and for the total of [...]

Source: Boeing Boeing announced Dana Deasy as the company's new chief information digital officer and senior vice president, Information Technology & Data Analytics. Elected to the role effective Dec. 31, 2024, Deasy will oversee all aspects of information technology, information security, and data and analytics. He will report to Boeing President and CEO Kelly Ortberg and serve on the company's Executive Council. "Dana is a well-respected, global technology leader who has a track record of delivering on innovative technologies across large and complex organizations," said Ortberg. "With the need to stay vigilant to protect against cyber threats, and emerging technologies like artificial intelligence playing a larger role across all industries, our IT team will have a key role as we [...]