Insider toured the factory in June 2022.
Taylor Rains/Insider
Boeing announced a $663 million loss for the fourth quarter, citing lingering supply-chain issues.
This is despite the strong post-pandemic rebound, which saw more orders and deliveries compared to 2021.
Boeing plans to increase production of its 737 and 787 aircraft between now and 2026.
Boeing fell short in its fourth quarter report, announcing a $663 million loss despite an increase in sales and aircraft deliveries. The company’s total loss for the fiscal year was $5 billion.Boeing 737 factory in Renton, Washington.
JASON REDMOND/AFP via Getty Images
Source: Boeing
According to Boeing, its bolstered revenue was underscored by unusual costs and other added expenses, like research and development.Boeing 787 Dreamliner.
AP
Source: Boeing
However, president and CEO Dave Calhoun described 2022 as “an important year in our recovery” and said Boeing is on track to restore “our operational and financial strength.”Boeing CEO Dave Calhoun at a ceremony at the White House in January 2020.
MANDEL NGAN/AFP via Getty Images
Source: Boeing
Boeing had an improved 2022 performance with 480 planes delivered and 774 net orders. This is a significant increase compared to 2021, which saw 340 deliveries and 479 net orders.The third of four Boeing 747-8 freighters was received by Atlas Air in November 2022. The final freighter will be deliveries at the end of January.
Atlas Air
Source: Boeing
And the company plans to up the production of 737 MAX and 787 Dreamliner jets. The MAX family, in particular, saw some big sales in 2022, including Delta Air Lines’ order for 100 MAX 10s in July…Delta Boeing 737 MAX 10.
Delta Air Lines
Delta just ordered 100 Boeing 737 MAX 10 jets to upgrade its narrowbody fleet. Take a look inside one of the test planes.
…and Allegiant Air’s order of 50 MAX 7 and MAX 8200 planes in January. While the 8200 variant is ready for service, certification of the MAX 7 and MAX 10 is still ongoing.Rendering of Allegiant 737 MAX jets.
Allegiant Air
Ultra-low-cost airline Allegiant is flipping its business strategy by buying 50 Boeing 737 MAX jets
However, the planes got clearance from Congress in December as long as Boeing adds two specific safety enhancements to both jets.Boeing 737 MAX 10.
Taylor Rains/Insider
Source: Boeing, Seattle Times
The system upgrades come after two deadly 737 MAX crashes in 2018 and 2019, which killed 346 people, led to a worldwide grounding …read more
Source:: Business Insider