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  • Boeing reported Wednesday an $11.9 billion annual loss reflecting the hit from the 737 MAX grounding, the downturn in the commercial airline industry and delays in its 777X wide-body plane program. The aviation giant reported a fourth-quarter loss of $8.4 billion following the accounting of $6.5 billion in one-time costs for the 777X, which will now commence deliveries in late 2023. Boeing's 2020 loss marked its second year in a row in the red after it reported a 2019 loss of $636 million. jmb/dw
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  • Boeing reports 2020 loss of $11.9 bn after big Q4 loss
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