The loss was wider and revenue lower than Wall Street expected.
FILE - A Boeing 737 MAX aircraft is shown on the assembly line at the Boeing facility in Renton, Wash., June 25, 2024. Boeing reports earnings on Wednesday, July 31, 2024. Boeing named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.
Chairman Steven Mollenkopf said Ortberg was chosen after a “thorough and extensive search process” and “has the right skills and experience to lead Boeing in its next chapter.” Boeing, based in Arlington, Virginia, reported a loss of $1.44 billion for the second quarter, compared with a loss of $149 million a year earlier.
The commercial-airplanes division had an operating loss of $715 million and revenue plunged 32% as Boeing delivered fewer passenger jets to airlines — 92 planes, compared with 136 a year earlier.
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