| | | |

Boeing Reports $11.8 Billion Loss for 2024 Despite Growing Backlog

ByAdmin

Boeing has reported a challenging financial year for 2024, with a 14% drop in revenue to $66.5 billion and a net loss of $11.8 billion. In the fourth quarter, the company faced a 31% revenue decline to $15.2 billion, accompanied by a net loss of $3.86 billion.

| |

Boeing’s Elizabeth Lund to Retire as Head of Quality, Doug Ackerman Named Successor

ByAdmin

Boeing has announced the upcoming retirement of Elizabeth Lund, the Head of Quality for Commercial Airplanes, set for December 2024. Lund, a longstanding leader in Boeing’s quality division, will be succeeded by Doug Ackerman, currently VP of Supply Chain and Fabrication Quality. Lund’s retirement marks the end of a distinguished career dedicated to maintaining Boeing’s quality standards, particularly in the commercial…