Boeing Co. took a $6.5 billion charge on its all-new 777X jetliner as the company posted a record annual loss on Jan. 27 because of the coronavirus pandemic and in the aftermath of the two-year safety crisis that followed fatal crashes of its 737 MAX.
The results cap a tumultuous year for the world’s largest aerospace company during which the pandemic erased demand for the industry’s largest jetliners, just as Boeing fights to emerge from the nearly two-year grounding of its best-selling 737 MAX.