The Boeing concern reported losses of 11.9 billion dollars
Jan 28, 2021

The Boeing concern reported losses of 11.9 billion dollars

Losses of the American concern Boeing by the end of 2020 increased 19 times and amounted to 11.9 billion dollars, writes Forbes.

The company's revenue decreased by 24% to $ 58.2 billion, of which $ 15.3 billion was in the fourth quarter.In 2019, Boeing's losses amounted to $ 636 million. Losses at the end of the year were recorded for the first time in more than 20 years.In addition, in 2020, Boeing set an anti-record for the delivery of aircraft for 43 years. In January last year, the concern did not receive any orders for new aircraft.The head of Boeing, David Calhoun, explained the financial results of the year due to the impact of the coronavirus pandemic, as well as the refusal of airlines to operate the 737 MAX aircraft."While COVID-19 will continue to have an impact on commercial air travel in 2021, we remain confident about our future," Calhoun said.In 2019, the operation of 737 MAX aircraft was suspended worldwide due to the crashes of two airliners in Indonesia and Ethiopia. In 2020, a number of countries returned to operating the 737 MAX.

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