Boeing is set to report results before the market opens. Here's what Wall Street expects

📆 7/31/2024 5:21 AM
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Boeing Co News

Airlines,Travel,Transportation

Boeing is expected to post another loss as a safety and manufacturing crisis weighs on deliveries of new planes.

Both the company's commercial and defense units have been challenged by programs running behind schedule and higher-than-expected costs.

In addition to the impact from the door plug accident in January, Boeing, as well as rival Airbus, are dealing with thousands of new workers and a supply chain that can't keep up with production demands after a demand plunge during the pandemic roiled their businesses.

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