Delhi Delhi. Boeing is one of the United States' largest employers and arguably one of the biggest names not only in the aviation paradigm but also in the business world at large. The fortunes of this giant company have been up in the air since the jet maker a After being embroiled in a controversy, it has become embroiled in a quagmire of issues, plunging the company into an almost unenviable situation. The situation is so dire that the company's most trusted face, the company's former CEO David Calhoun, has resigned from the controversial 737 Have 'departed' from the creator of Max.
The company recently released its quarterly results for the earnings session. And the company has recorded a huge loss of USD 6 billion or approximately Rs 50,000 crore. This adds to the existing pile of losses, taking the total loss to Rs 8 billion in 2024. Additionally, the company also saw a 1 percent decline in revenue, falling to US$ 17.8 billion, adding to the company's troubles. And it increased. As per expectations, the company's shares also saw a decline in intraday trade on Wednesday. The company's shares fell 1.76 percent, or US$2.82, during the day. As the trading day came to an end, the share price reached US$157.06 at the close.
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