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Boeing Swings To Quarterly Loss On Strike Impact, Commercial Plane Charge

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By Calvin Biesecker Boeing [BA] yesterday posted a net loss in the fourth quarter amid plunging sales stemming from the effects of a nearly two-month labor strike that ended last November, softness in its defense business and a hefty-charge related to the development of new passenger and freighter variants of its 747 jetliner. The 58-day strike by the company's machinists led to reduced commercial airplane deliveries and a 27 percent decline in revenues to $12.7 billion from $17.5 billion a…

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