Boeing posts $8.4 billion loss on weaker demand for planes

Boeing lost $8.4 billion in the fourth quarter _ capping a record loss for all of 2020 _ as the pandemic undercut demand for planes, and the company announced another costly delay to its new large jetliner designed for long-haul flights.

Most of Boeing’s troubles over the past two years have swirled around the troubled 737 Max. However, the biggest piece of the fourth-quarter loss reported Wednesday was a pretax charge of $6.5 billion tied to a different plane, the bigger 777X.