Boeing(BA) Forbes·2025-01-27 19:43Financial Performance - Boeing pre-announced a net loss of 3 8 billion, contributing to a staggering 35 7 billion [3] - Boeing is expected to maintain its position as the biggest loser in the S&P 500 index since 2019, with Uber and Carnival trailing behind [4] Causes of Losses - The losses are partly attributed to a seven-week strike by Boeing's machinists, which halted production of the 737 Max, the company's bestselling plane [2] - Chronic delays in key programs within Boeing's defense division and ongoing production issues with the 737 Max and 787 have also contributed to the financial downturn [2] Historical Context - Boeing ranks sixth among the S&P 500 companies with the largest losses over the past quarter century, with an inflation-adjusted total loss of 39 4 billion [5] - The company holds the top spot for the most money lost among 27 S&P 500 members with at least six consecutive years of losses since 1999 [6] Investor Confidence and Future Outlook - Institutional investors have shown willingness to support Boeing due to its substantial order book of 5,595 planes, which could generate significant revenue if production issues are resolved [8] - Despite this, Boeing's CFO has indicated that the company is expected to record negative cash flow for the full year of 2025, suggesting the losing streak may continue [9] Comparative Analysis - Boeing's losses are significant but pale in comparison to historical losses by companies like American International Group, which lost 162 billion in 2008 and 2009, and General Motors, which lost $130 billion from 2005 through 2008 [5] - The company is far from the longest streaks of losses in the S&P 500, with DEX holding the record for 18 consecutive years of losses [7]