Boeing lost $8.4 billion in the fourth quarter on weaker demand for planes during the pandemic and another setback to a new large plane designed for long-haul flights.
In the past two years, Boeing has posted huge losses mostly because of the crisis around two deadly crashes involving its 737 Max.
However, the biggest piece of the fourth-quarter loss reported Wednesday was a pretax charge of $6.5 billion tied to a different plane, the bigger 777X.
Revenue fell 15% to $15.3 billion, as the Chicago company delivered fewer planes to airline customers. Orders for new Boeing jets have tanked in the past two years, first from the worldwide grounding of the Max after two crashes that killed 346 people, then from a pandemic that devastated the