Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike
How big were those losses? If we subtract the $3 billion in charges for the 777X and 767 programs from the $4 billion total loss at the commercial airplanes division, this implies the strike cost Boeing $1 billion in Q3 from sales lost during the strike. This further implies that strike-related losses will cost Boeing another $2 billion in Q4.