Boeing posts €3.7bn loss tied to problems with 787 jet

Boeing is coming off a year in which aircraft sales rebounded after a slump caused by the grounding of its 737 Max airliner and a pandemic that crippled air travel

A Boeing production plant in the US (Elaine Thompson/AP)

Boeing reported a $4.16bn (€3.68bn) loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew worse.

The US-based aircraft maker took a charge of $3.5bn (€3.1bn) to cover additional delays in delivering copies of its 787 jetliner and compensation for airlines that are still waiting to get their planes.