Boeing Suffers Record Losses in 2020
AVweb A trifecta of business cataclysms—COVID-19’s impact on air travel, the 737 MAX grounding, and a slow recovery in international air travel that has depressed demand for widebody aircraft—has dramatically impacted Boeing’s bottom line. In releasing its fourth-quarter 2020 financials today, Boeing says revenue declined by 15 percent in the fourth quarter and was down overall by 24 percent for the year compared to 2018, which was a significantly down year compared to 2...
Dave Calhoun Patrick Ky Department Of Justice European Union Aviation Safety Agency Boeing President Chief Executive Officer
Source: avweb.com