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Tribune News Service
Tribune News Service
Business
Dominic Gates

Boeing reports net loss in 2021 as cost of 787 delivery halt soars to $5.5 billion

Boeing said Wednesday that the cost of the prolonged halt to deliveries of its 787 Dreamliner widebody jet has soared to $5.5 billion.

Executives delivering news of the deep fourth-quarter financial losses announced no end in sight for the unprecedented 787 delivery stoppage due to manufacturing quality issues.

There was also a separate $402 million write-off in the fourth quarter on the KC-46 Air Force tanker program.

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