Boeing Reports Million-Dollar Loss in Last Quarter of 2022, Loss Exceeded $600 Million

Written by Bruno Teles

Published on 26/01/2023 at 18:40

Boeing registra um prejuízo milionário (Foto/divulgação)

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Boeing Reported a Loss of More Than US$ 663 Million in the Fourth Quarter of 2022, Slightly Less Than What Was Recorded in the Same Period of 2021, When It Was Around US$ 4.164 Billion. On a Comparable Basis, This Revenue Totals US$ 19.980 Billion, An Increase of More Than 35%.

This result reflects the higher number of deliveries of the 737 and 787 models, which have abnormal costs and expenses for the period, including research and development, according to Boeing. Some commercial aircraft deliveries rose to over 54% between October and December, totaling around 152 units.

The total number of orders in the backlog at the end of the fourth quarter reached US$ 404 billion, representing an increase of 7.16% from the US$ 377 billion in orders recorded in 2021. Of the total, about R$ 329 billion represents commercial aircraft, with 4,500 orders.

In the commercial aircraft segment, total revenue rose to 94%, to US$ 9.224 billion, and there was also an operating loss of around US$ 626 million, less than the US$ 4.454 billion recorded in the fourth quarter of 2021.

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Boeing Reports Million-Dollar Loss in Last Quarter of 2022, Loss Exceeded $600 Million

Boeing Reported a Loss of More Than US$ 663 Million in the Fourth Quarter of 2022, Slightly Less Than What Was Recorded in the Same Period of 2021, When It Was Around US$ 4.164 Billion. On a Comparable Basis, This Revenue Totals US$ 19.980 Billion, An Increase of More Than 35%.

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Boeing Reports Million-Dollar Loss in Last Quarter of 2022, Loss Exceeded $600 Million

Boeing Reported a Loss of More Than US$ 663 Million in the Fourth Quarter of 2022, Slightly Less Than What Was Recorded in the Same Period of 2021, When It Was Around US$ 4.164 Billion. On a Comparable Basis, This Revenue Totals US$ 19.980 Billion, An Increase of More Than 35%.

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Goodbye traditional washing machine: Panasonic surprises housewives with the NA-G5 featuring four drums, a 13 kg washer and dryer, a 12 kg dryer, independent mini washers, a heat pump, and a 4-in-1 system awarded at the German Design Award.

While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

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