Boeing Expects 30 Percent Revenue Drop in 4th Quarter
By Naveen Athrappully Aircraft manufacturer Boeing announced that its fourth quarter (Q4) revenue is anticipated to be lower than the same period in 2023, blaming worker strikes for contributing to the decline. Boeing expects to report Q4 revenues of $15.2 billion, down more than 30 percent from $22.01 billion in the fourth quarter of 2023, said a Jan. 23 statement from the company.
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