nuOct 27, 2026, 14:45

Boeing suffers hundreds of millions in losses due to 737 MAX production issues

Boeing reported a 697 million dollar operational loss in its commercial division due to persistent production delays for the 737 MAX. However, the company's defense unit remained profitable, supported by strong demand and new orders from the United States military.

Boeing reported an operational loss of 697 million dollars for its commercial aviation division in the third quarter, largely due to ongoing manufacturing struggles with the 737 MAX aircraft. CEO Kelly Ortberg noted that the company is currently unable to produce wings at the necessary speed to meet production targets, despite delivering 161 planes during the period. The company's total revenue reached 24.1 billion dollars, with a net loss of 116 million dollars for the quarter.

In contrast to the struggles in commercial aviation, Boeing's defense division performed well, generating 492 million dollars in profit. This success was driven by increased operational efficiency and significant orders from the United States military, including demand for missile defense systems and various aircraft maintenance services. Ortberg emphasized that while the company is in a stronger position than the previous year, there remains a substantial amount of work required to improve corporate culture, streamline workflows, and clear the existing backlog of orders.

Economy Business

Read original ↗

Based on reporting by nu. Translated and condensed by LocalHeadlines.

Porsche profit recovers despite lower car sales

Porsche reported a significant profit recovery to 1.74 billion euros for the first nine months of the year, despite a 16 percent drop in total car sales. The manufacturer is moving to reduce its dependency on the Chinese market and has decided against opening a production facility in the United States.

Uncertainty over Schiphol nature permit likely to continue for much longer

The Council of State is considering seeking clarity from the European Court of Justice regarding Schiphol Airport's invalid nature permit, a process that could delay the legal appeal by several years. The airport currently operates under a temporary tolerance permit after a court ruled that its previous environmental documentation was insufficient.

Skydance mandates five-day office return, Amsterdam employees await further details

Skydance has mandated a five-day office work week globally, raising questions about whether the policy will apply to its 240 employees in Amsterdam. While the company claims the move aims to boost collaboration, legal experts suggest such a strict requirement would likely be legally unenforceable under Dutch labor laws.

Coca-Cola sales rise due to popularity of sugar-free drinks

Coca-Cola has raised its 2026 financial projections due to strong demand for its sugar-free beverages and protein-rich products. A 16 percent increase in sales for Coca-Cola Zero Sugar helped boost total volume by 5 percent, despite broader supermarket trends favoring cheaper private-label goods.

From Arnhem to the Bahamas and Hong Kong: the mystery surrounding Tether billionaire Jean-Louis van der Velde

Jean-Louis van der Velde is a mysterious Dutch billionaire and a key founder of the cryptocurrency firm Tether. Despite facing significant controversy and scrutiny over the years, he has successfully obscured his digital history while living quietly in Hong Kong.