Boeing argued that the exemption would enable quicker certification and delivery of the 737 MAX 7 and 737 MAX 10 aircraft.

Despite more than $11 billion lost last year, investors are growing more optimistic about Boeing’s financial health. On Tuesday, the plane maker released fourth-quarter earnings showing nearly $4 billion in losses.

Boeing on Tuesday reported an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S. West Coast factory workers.

President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor Elon Musk on ways to deliver delayed, overbudget Air Force One replacements sooner, CEO Kelly Ortberg said Tuesday.

Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42 if it receives permission to do so from the Federal Aviation Administration.

Boeing confirms German airline Lufthansa will be the launch customer for the in-certification 777-9, settling uncertainty about whether Emirates Airline might take the first of the type.

Boeing reported a revenue of $15.2 billion in the fourth quarter during its earnings call with investors Tuesday morning.

President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.

Boeing has recorded the second-biggest annual loss in its 109-year history as it struggles with the fallout from a string of safety scandals. The US planemaker lost US$11.8bn in 2024, taking its total losses since 2019 to more than US$35bn.

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

Boeing reported a hefty fourth-quarter loss yesterday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO