Title: How Boeing Makes Money: Airplanes, Defense, Services, Financing
Headings: How Boeing Makes Money
How Boeing Makes Money
Defense, Space & Security segment is the largest revenue source
Key Takeaways
Boeing's Financials
Boeing’s Business Segments
Commercial Airplanes (BCA)
Defense, Space & Security (BDS)
Global Services (BGS)
Boeing Capital (BCC)
Boeing’s Recent Developments
Article Sources

Content: Boeing posted a net loss of $11.9 billion in FY 2020, a significant deterioration from the net loss of $636 million in FY 2019. Revenue for the year fell 24.0% to $58.2 billion. 3 ﻿﻿
The company noted in its annual filing for FY 2020 that the pandemic has caused a significant shock to demand for air travel. The fall in demand has adversely impacted the entire aerospace manufacturing and services sector. Boeing said it expects it to take about three years before travel will return to 2019 levels and a few years longer for the industry to get back on its long-term growth trend. 4 ﻿﻿
Unlike other aerospace companies, however, Boeing also faces financial challenges related to its 737 MAX passenger jet, which was grounded in March 2019 by the Federal Aviation Administration (FAA) after being involved in two fatal air crashes. The FAA lifted its ban on the aircraft in November 2020. 5 ﻿﻿ The company still faces multiple lawsuits related to the 737 MAX. 6 ﻿﻿﻿﻿
Boeing’s Business Segments
Boeing operates its business through four segments: Commercial Airplanes (BCA);