Boeing reported a loss of $15 billion, Multiple Boeing airplane crashes, Airbus became top aerospace company

Recently it has been told that in the last week, almost 2 major Boeing Airplane crashes have occurred, apart from this, many flights have faced maintenance and technical issues. Due to this, now the question in the minds of tourists all over the world is why they are facing so many problems with Boeing. A lot of airplane tickets were put in cancellation due to the crash of Azerbaijan Aeroplane and now there is a big sad news in South Korea’s Muan International Airport. In the recent Jeju Air airplane crash, about 80-100 people were reported dead, including some critically injured.

According to Matt Wallace, Two passenger planes crash landed today or within a week.

1. Flight 2259 in Canada,

2. Flight 2216 in Japan,

3. Flight J2-8243 in Kazakhstan

4. Flight Jeju Air Boeing 737

He (Matt Vallance) told that he would investigate every flight that has crashed or is about to crash in order to find out the truth behind many airplane crashes. Because what can be done like this, the flying or fighter jets of Boeing and other Aerospace companies are crashing as is the case with the US Army fighter jet crash in California a few days ago. Some reporters have also believed that Boeing and some Airplane companies have been facing huge private bankruptcy for the last 3 years due to which Boeing is not able to properly maintain its Airplanes. And apart from this, it has also been told that the government of those countries are the reason behind the airplane crashes in South Korea, Azerbaijan, and some countries that cannot manage the taxes, international ties and financial situation which is affecting even the big airplane companies.

Boeing reported a huge loss of $20 Billion in between 2022 to 2024, Why Boeing AeroPlane crash?

Boeing reported the loss of $15 billion In between 2 years, and additionally $8 billion In 2024. Boeing airplanes record-high crashes in 2024, it mean the recovery of Losses amidst Airbus Become world’s top Aerospace company in 2025. In Third Quarter 2024, Boeing Reported a net loss of $7 Billion USD in a single third quarter of 2024, its largest loss since 2020 or COVID pandemic. Boeing now facing huge financial, banking, Investment, taxation, and Aeroplane upgrading issues because of regional wars and Government decisions. This loss was due to a work stoppage by the multiple International Association of Machinists and Aerospace Workers (IAM) and charges related to commercial and defense programs.

Boeing Stocks, Revenue, and cash Flow loss of 2024, Why Boeing need Recovery in Aeroplane Crash?

Boeing’s reveunue for the third quarter of 2024 was only $18.9 billion, which was most lower than expected in 2024. Additionlly, Boeing’s operating cash flow for the third quarter of 2024 was a loss of $1.34 billion. Boeing has also lost $9.97 per share for the third quarter of 2024, and an adjusted loss of $10.44 per share. Due to this, it has recently been reported that 10% of Boeing airplanes in the world require approximately 80% maintenance before takeoff. But due to bankruptcy of the regional government, political stability, and increasing foreign debt, the airplane is not being maintained due to taxes and demand for additional jobs. On the other hand, due to the regional war, fighter jets, private jets and arms manufacturing, Commercial-airplane planes are being taken care of. On the other hand, due to the presence of missiles and airstrikes, pressure was also put on Russia and Iran due to which passenger airplanes have crashed. But recently, a few days ago we published a post in which it was stated that Spirit Airlines had also gone bankrupt and now Boeing can partner with Spirit Airlines.