Thursday 1 August 2024

Boeing eats another $125 million loss over Starliner woes

The Starliner doesn't have a return date from the ISS yet.

Boeing has revealed that it has taken another $125 million in losses as a result of its Starliner spacecraft's delayed return from the ISS. As SpaceNews reports, the company has revealed the losses in a filing with the US Securities and Exchange Commission, along with more details about its earnings for the second quarter of the year. The company already posted $288 million in losses "primarily as a result of delaying" the Crew Flight Test mission in 2023.

The first crewed Starliner flight took off in June with NASA astronauts Butch Wilmore and Sunita Williams on board. Boeing's spacecraft was only supposed to stay docked to the ISS for eight days before ferrying the astronauts back to Earth, but issues with its hardware prevented the mission from sticking to its original timeline.


By Mariella Moon.

Full story at Engadget.

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