DAL - Boeing: The Bottom Likely Isn't In Yet
2024-03-14 15:56:51 ET
Summary
- The Boeing Company has faced numerous challenges in 2024, impacting its reputation, delivery schedule, and impacting its core customer base.
- The company's series of mishaps have had some significant consequences for the airline industry as a whole.
- To recover, Boeing needs to take necessary actions to address its issues and regain the trust of customers and stakeholders.
- Until these issues are fully addressed, it is hard to have faith the stock has bottomed despite a 30% sell-off so far in 2024.
- We take a look at the current challenges facing Boeing and its shareholders in the paragraphs below.
It is hard to come up with a well-known American company that has had a tougher start to 2024 than The Boeing Company ( BA ). The manufacturing icon has begun the year with a series of high-profile incidents and mishaps....
Boeing: The Bottom Likely Isn't In Yet