Big loss for 2020 for Boeing; $6.5bn Charge For 777X-Delivery Now Late 2023; 737 MAX Cleared by EASA
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January 27, 2021 - by Scott Hamilton for www.leehamnews.com
- Europe's aviation regulator EASA clears Boeing 737 MAX for return to service with minor, additional requirements. Information is here.
- $6.5bn charge for 777X program. First delivery now late 2023, nearly 4 years late.
Boeing today announced a $11.941bn net loss for the full year 2020, as expected.
Boeing reported an operating loss of $12.767bn. The company's cash flow was a negative $18.41bn last year. It ended the year with $25.6bn in cash and securities.
Regulators in the US, Brazil, Mexico and Canada...
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