U.S. planemaker Boeing is on track to be the biggest loser of 2024 in the Dow Jones Index, tumbling 32% as it bounced from one crisis to another.
The Boeing Co. NYSE: BA is coming off a rocky 2024 as it got plied with regulatory issues, terrible public relations, regulatory scrutiny from the FAA and NTSB and a worker's strike that cost the company billions of dollars. The aerospace sector leader started 2024 on a high note, trading at $250.15 before a cascade of unfortunate events caused shares to collapse to two-year lows when it sank to $137.03 on Nov. 14, 2024.
Boeing (BA) shares will likely remain on investors' radar screens after slipping more than 2% Monday following news that South Korea ordered an inspection of all 737-800 planes in the aftermath of a Jeju Air crash over the weekend that killed 179 people.
CNBC's Leslie Josephs joins 'Power Lunch' to discuss the deadly South Korea plane crash and its impact on Boeing's stock.
A machinists strike. Another safety problem involving its troubled top-selling airliner.
Boeing Co.'s stock was down Monday after a deadly crash in South Korea, but its bonds were holding up.
Boeing shares were lower Monday after South Korea announced it is launching an investigation following the deadly Jeju Air crash over the weekend that involved a Boeing jet.
Boeing's stock delivered an 11.24% return, outperforming the S&P 500's 9.71% gain since last coverage. Projected revenue growth to $85.8 billion by 2025, with a 26.18% rebound expected after 2024's contraction. Global fleet to double by 2043, requiring 44K new planes; single-aisle jets dominate at ~76% of deliveries.
Boeing (BA -2.37%) stock just can't catch a break. For years, the airplane company has been plagued by problems with its 787 and 787 MAX airliners.
Jeju Air Flight 7C2216 crash landed at Muan International Airport killing 179 of the 181 people on board, in South Korea's worst air disaster in decades. Investigators are trying to figure out what caused the fatal belly landing of the Boeing 737-800.
Boeing Co. BA stock fell more than 4% in premarket trading Monday following news of a deadly 737-800 crash in South Korea.
On Sunday morning, the commercial plane skidded off the runway, crashed into a wall and burst into flames while landing at Muan International Airport – killing all but two of its 181 passengers.