The Boeing Company on Tuesday reported a net loss of 3.9 billion dollars for the last quarter of 2024 and about 11.8 billion dollars for the full year.
The company recorded a revenue of 15.2 billion U.S. dollars for the fourth quarter, a 31 percent-drop compared with the same period of 2023.
The company's full-year 2024 revenue was 66.5 billion dollars, a 14-percent decrease year over year, and its generally accepted accounting principles (GAAP) loss per share was 5.5 dollars for the quarter, and 18.4 dollars for the full year.
The company generated a negative 3.5 billion dollars of operating cash flow in the fourth quarter, and a negative 12.1 billion dollars of operating cash flow for the full year of 2024.
The company's debt was 53.9 billion dollars, down from 57.7 billion dollars at the beginning of the quarter, driven by the early repayment of a 3.5 billion-dollar bond originally maturing in 2025.
The company maintains access to credit facilities of 10.0 billion dollars, which remain undrawn.
Total company backlog at quarter end was 521 billion dollars.
During the fourth quarter, the company delivered 57 commercial aircraft, a 64-percent decrease year on year, and secured net orders for 204 aircraft in the quarter.
For the full year, Boeing delivered 348 commercial airplanes, a decrease of 34-percent compared with the year 2023.
Boeing reports 11.8 bln U.S. dollars of net loss in 2024
Boeing reports 11.8 bln U.S. dollars of net loss in 2024
People across the world rang in 2026 with fireworks, drone shows and musical performances, as millions gathered in city squares, harbors and stadiums to mark the arrival of the new year.
In Brazil, Sao Paulo hosted the 100th edition of its traditional New Year's Eve road race on Wednesday, drawing about 55,000 runners from 48 countries and regions.
Organizers said ten percent of participants were over 60, with the oldest aged 95, marking records in both participants and age range.
"I think this race is about celebrating life and health. I hope to bring a good start for 2026 in this way," said Fabio, one of the runners.
In South Africa, tens of thousands of residents and tourists packed the Victoria and Alfred Waterfront in Cape Town for the New Year countdown. Several live performances were staged to ring in the new year.
As midnight struck, fireworks lit up the harbor skies while crowds cheered and sang in unison, welcoming the arrival of 2026.
Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE), celebrated the arrival of 2026 with a grand drone show.
A thousand drones formed a blazing phoenix with outstretched wings, while another striking formation depicted a human figure rising from the sea, arms open to welcome the world. As the final seconds ticked away, dazzling fireworks lit up the sky.
In Southeast Asia, Thailand welcomed the new year with a dazzling 20-minute fireworks and drone show over the Chao Phraya River in Bangkok, where locals and visitors gathered to celebrate together.
Countries around world welcome 2026 with fireworks, shows
