Lingering problems
Approval of those three models is still uncertain. Boeing has warned investors that losses are likely to continue through 2025. It is on the verge of having its credit rating downgraded to junk for the first time in its history, and it could end up being booted from the Dow Jones industrial average, where it has resided as one of the nation’s most significant companies since 1937.
Boeing’s (BA) stock plunged by about a third in 2024, after closing down more than 2% on Monday following the Korean crash. Its previous CEO and several other prominent executives were ousted. And its seemingly unending string of bad headlines raised serious questions about the company’s ability to get its safety and kraken market quality problems under control.
