Strike and accidents hit Boeing hard

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Strike and accidents hit Boeing hard
Photo: Lindsey Wasson/AP/TT

Aircraft manufacturer Boeing made a loss of four billion dollars during the fourth quarter.

Thus, the desert trek continues for the aircraft giant, which has been affected by several accidents with its aircraft models.

In a statement, CEO Kelly Ortberg says the company must concentrate its resources on core operations.

Throughout last year, Boeing burned 14.3 billion dollars in pure cash losses.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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