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Boeing records a millionaire loss in the last quarter of 2022, a loss of more than US$600 million

Written by Bruno Teles
Published 26/01/2023 às 18:40
Boeing records a millionaire loss
Boeing registers a millionaire loss (Photo/disclosure)
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The Boeing company reported a loss of more than US$ 663 million in the fourth quarter of 2022, slightly less than that recorded in the same period of 2021, when it stood at around US$ 4,164 billion. Putting it on the same basis of comparisons, this revenue added up to US$ 19,980 billion, an increase of more than 35%. 

This result is reflected in the greater number of deliveries of the 737 and 787 models, which have abnormal costs and expenses for the period, which includes research and development, according to Boeing. Some commercial aircraft deliveries rose by more than 54% between October and December, to around 152 units. 

The total number of orders in portfolios at the end of the fourth quarter reached US$ 404 billion, an increase of 7,16% before the US$ 377 billion in orders that were registered in the year 2021. Of the entire total, about of R$ 329 billion represent commercial aircraft, with 4,5 thousand orders. 

In this segment of aircraft commercial, all revenue rose to 94%, to US$ 9,224 billion, and there was still an operating loss of around US$ 626 million, less than the US$ 4,454 billion that were registered in the fourth quarter of the year 2021. 

Since the Defense, Space and Security segment had a 5% increase in revenue, to more than US$ 6,181 billion, and there was still an operating profit of US$ 112 million, reversing the loss of US$ 255 million from the same period of 2021. Finally, this service sector saw a 6% increase in revenue, to US$ 4,567 billion, and 58% gains in this operating profit, to more than US$ 634 million. 

"We had a solid fourth quarter and 2022 proved to be an important year in our recovery," said Boeing President and CEO Dave Calhoun. “Demand across our portfolio is strong and we remain focused on driving stability across our operations and supply chain to meet our commitments in 2023 and beyond. While challenges remain, we are well positioned and on track to restore our operational capability and financial strength,” he concluded.

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Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 3.000 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

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