BA stock took a hit yesterday after it emerged that there was “no prescribed timeline” for returning Boeing’s (NYSE:BA) 737 MAX aircraft to the skies after being globally grounded in the wake of two fatal crashes that claimed 346 lives.
BA stock has had a bumpy 12 months after two crashes in Indonesia and Ethiopia within five months of each other led to the 737 MAX’s grounding around the world. BA stock lost as much as 17% of its value within three weeks of the grounding order and has since struggled to get back to its ...
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