2023-01-25 12:35:21
Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand
Key Points
- Boeing generated positive free cash flow last year for the first time since 2018 thanks to a rebound in aircraft sales and deliveries.
- Labor and supply shortages weighed on Boeing's earnings.
- Boeing's leaders have been hesitant to ramp up production.
In this article
- BA
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A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport.
Jan Woitas | Picture Alliance | Getty Images
Boeing posted a $663 million loss in the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue.
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