Wednesday January 27, 2021
The stock market day
Boeing suffers record loss
The corona pandemic and the flight ban for the former bestseller 737 Max have Boeing deeply in the red. The net loss in the past year was 11.9 (2019: 0.6) billion dollars, as Boeing announced. Sales collapsed 24 percent to $ 58.2 billion. Due to the precarious situation, Boeing postponed the launch of its long-haul aircraft 777X until the end of 2023. For the delay of the 777X program alone, Boeing booked a provision of 6.5 billion dollars in the fourth quarter.
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