Boeing's Q4 2024 reports a loss of $3.8 billion due to union strikes and ongoing operational challenges, leading to total annual losses exceeding $11 billion. These financial struggles come after the already tumultuous impacts of two fatal crashes in 2019. The company is facing criticism for its quality control and safety protocols, especially with significant issues linked to the 737 Max. As Boeing struggles to catch up with competitor Airbus, it also plans to restructure its operations under new CEO Kelly Ortberg, focusing on core business stability and improved safety measures.