Boeing's operations ware not optimum in the quarter with seven-week labor strike, leading to pre-tax earnings charges of $1.1 billion on the 777x and 767 programs. Until today Boeing is still under scrutiny for planecrash involving its 737-800 type.

KEY TAKEAWAYS Boeing shares are falling in premarket trading after the plane maker projected a much wider-than-expected fourth-quarter loss.The plane maker attributed the large loss to the nearly two-month strike that crippled production as well as charges around its defense segment and staff cuts.

Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.