Boeing 'Focused on Making the Fundamental Changes Needed,' CEO Says

Boeing (BA) on Tuesday reported a fourth-quarter net loss in line with its recently issued preliminary results, closing out a difficult year that saw it burn through billions amid safety investigations and a strike. The company said it lost $3.86 billion, or $5.46 per share, on revenue that fell 31% year-over-year to $15.24 billion, essentially matching its preliminary results. Boeing also reported operating cash flow of negative $3.45 billion after saying it expected to report negative $3.5 billion. "My t ...