Boeing (BA) was the worst-performing stock in the Dow Jones Industrial Average Tuesday after the American plane maker's fourth-quarter 2024 deliveries revealed a widening gap with European rival Airbus.
Boeing delivered 57 commercial planes in Q4 and 348 for the full year, down from 157 and 528, respectively, a year ago. By contrast, Airbus recently reported 269 deliveries in the fourth quarter and 766 in 2024, its highest full-year total since 2019.
Boeing's fourth-quarter production was impacted by a nearly two-month strike by its union machinists, which was resolved in November with a new contract agreement.
Boeing is still trying to find its footing a year after an Alaska Airlines (ALK) flight aboard a 737 MAX plane had a door panel detach in midair. Earlier this month, outgoing Federal Aviation Administration (FAA) head Mike Whitaker said the plane maker's safety turnaround plan is "not a one-year project."
The company's latest setback came in December, when a 737-800 operated by South Korea's Jeju Air crashed into a concrete barrier and burst into flames as it tried to land, killing 179 people.
Shares of Boeing slid 3% intraday and have lost nearly a quarter of their value over the past year. The company will report its fourth-quarter results on Jan. 28.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。