Boeing Reports Third Quarter Results Third Quarter 2024 Financials reflect impacts of the International Association of Machinists and Aerospace Workers (IAM) work stoppage and previously announced charges on commercial and defense programs Revenue of $17.8 billion, GAAP loss per share of ($9.97) and core (non-GAAP)* loss per share of ($10.44) Operating cash flow of ($1.3) billion and free cash flow…
Boeing President and CEO Kelly Ortberg shared the following message with all employees today, including his prepared remarks for the third quarter financial results webcast: Team, As we report our third-quarter 2024 results today, I want to take this opportunity to share my perspective on the challenges we face and, more importantly, my focus for…
Fuel Jettison or Dumping Fuel jettisoning, often called fuel dumping, involves the deliberate and controlled release of fuel from an aircraft while in flight or if the manufacturer hasn’t designed the aircraft to handle an overweight landing, it is typically equipped with a fuel dumping system. This process is essential for maintaining safety during emergency landings. to avoid…