A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport.
Jan Woitas | Picture Alliance | Getty Images
Boeing posted a $663 million loss in the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue.
Airlines and aircraft manufacturers have benefitted from a sharp recovery in air travel, one of the most affected industries from the pandemic. But Boeing’s leaders have been hesitant to ramp up aircraft production until the supply chain has stabilized.
The company is producing 31 of its 737 jets a month and plans to increase that to about 50 per month in 2025 or 2026. It said it would increase what has been low production rate of the 787 Dreamliners to five each month toward the end of the year and to 10 per month in 2025 or 2026. Deliveries of those wide-body planes had been paused for around two years until this summer due to production flaws.
For the full year, Boeing lost $5 billion…
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