Reporting a worse-than-expected loss of 37 cents a share and sales that came in $900 million short of forecasts.
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How bad is it really?
No surprise.
They have not delivered a 787 in over a year. They move the 787 production from Everett to Charleston because of all the money they were going to save on wages and benefits. To weaken the union.
How much money have they saved now with these production issues? Not to mention their quality reputation which obviously they don’t care about.
Between this decision and the decision not to replace the 737 the company is on its last legs.