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Earnings Preview: Boeing's Dismal 2020 Is Finally Over

Adam Levine-Weinberg, The Motley Fool
·4-min read
Earnings Preview: Boeing's Dismal 2020 Is Finally Over

The combination of the 737 MAX grounding, the pandemic, and a variety of production miscues related to the 787 Dreamliner caused Boeing to burn $15.4 billion of cash in the first nine months of 2020. Its struggles continued last quarter, notwithstanding the recertification of the 737 MAX in November. Boeing is scheduled to report the gory details on Thursday morning.