Boeing has announced its third-quarter results for 2024, revealing the significant impact of industrial action by the International Association of Machinists and Aerospace Workers (IAM) and earlier charges on its commercial and defense programs.  

Boeing reported a net loss of $6,17 billion, the company’s second-highest quarterly loss since mid-2018. The plane maker saw its revenue fall by 1% to $17.8 billion. The group had warned that its quarterly results would be weighed down by a total pre-tax charge of around $5 billion. 

Boeing’s total company backlog stands at $511 billion, including over 5,400 commercial airplanes valued at $428 billion. In the third quarter, Boeing Commercial Airplanes booked 49 net orders and delivered 116 aircraft. 

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