Quantcast

Boeing faces turbulent year with shares plummeting amid multiple crises

Flight made emergency landing in Denver after reported animal strike and engine fire
General Dynamics says G800 jet receives FAA, EASA certifications
United Airlines doubles down on Chicago roots with new O'Hare billboards
Gatwick airport strikes, Easter 2025: will my flight be cancelled?
Boarding passes and check-in could be scrapped in air travel shake-up
European air traffic warning means summer delays for holidaymakers
The EU rule change that could affect millions of Brits when their flight is delayed or cancelled
Delta Earnings Land Soon. Why They’re Key for Airline Stocks and the Economy.
Avelo Airlines to Operate Deportation Flights, Hiring Flight Attendants
Travel chaos 2025: all the strikes and disruption expected across Europe
Qatar Airways accelerates Starlink wifi implementation
Southwest Airlines extends flight schedule through early April 2025
Cathay Pacific reaches 3,400 pilots this year, with low resignation rate of 2.9%
Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade
United receives FAA approval for first Starlink-equipped planes
50 New Routes Launching In April 2025
Qantas launches mammoth Asia flight sale including Bali and Japan
New Update from Air Canada, WestJet, American Airlines, Delta, United, Southwest, Alaska, JetBlue Airways, and Sunwing: Airline Capacity Between Canada and US Slashed as Bookings Plummet Seventy Per Cent
Delta Cuts Two Domestic Routes
United Airlines Technicians Reject ‘Dead on Arrival’ Contract Proposal, Teamsters Say
The State of the Asia Pacific Airline Industry
Spirit Airlines to add Detroit nonstop flight out of Bradley International Airport
Major airline to launch new direct flights from Scotland to North America
Ryanair launches new ‘prime’ membership which saves passengers more than £400 a year
Judge Orders Boeing to Trial on 737 MAX Case
Qantas’ free international Wi-Fi to switch on from next week
The real reason Southwest is charging for bags now
Air France-KLM in ongoing talks with Air Europa on potential stake, CEO says
Frontier Savagely Shades Southwest After They Eliminated Longstanding Free Bag Policy, Sparking Backlash
Frontier Wants You to 'Divorce Your Old Airline' After Southwest Changes
Boeing faces turbulent year with shares plummeting amid multiple crises
Policy
Webp 5r3vc2svdh8ibaxk8gr8iutw0za2
Simple Flying | Simple Flying

Boeing's shares experienced a significant drop in 2024, with a report by Reuters highlighting a 32% decline, positioning the company as potentially the biggest loser on the Dow Jones Index for that year. The company's shares began at $257.50 but faced severe setbacks following incidents such as the Alaska Airlines Boeing 737 MAX 9 midair blowout.

The European competitor Airbus saw an 11% rise in share value during the same period, while the S&P 500 index gained over 23%, according to Reuters.

The downturn for Boeing was marked by multiple challenges, including FAA regulations, supply-chain disruptions, and a workers' strike. The Federal Aviation Administration restricted production of the MAX aircraft to 38 units per month. However, Boeing struggled to meet this target due to global supply chain issues.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Leadership changes were also significant as Dave Calhoun stepped down as CEO amidst dwindling confidence in his leadership. Kelly Ortberg, former leader of Rockwell Collins, was appointed as his successor and immediately began addressing company challenges.

In September, over 33,000 machinists initiated a nearly two-month strike demanding better compensation. This action concluded in early November after an agreement promising a 38% wage increase was reached. The strike reportedly cost Boeing upwards of $5 billion.

Accusations from whistleblowers regarding questionable factory practices further affected Boeing's reputation during this tumultuous period.

Looking ahead to 2025, Boeing aims to stabilize its operations and rebuild customer trust while improving its working culture and financial management.

Organizations Included in this History
More News

The Air Line Pilots Association (ALPA) has announced the launch of a global campaign titled "Safety Starts with Two" to oppose reduced-crew operations and advocate for maintaining two pilots on the flight deck at all times.

Apr 25, 2025

Emirates has announced its status as the world's first Autism Certified Airline and is expanding its 'Travel Rehearsal' program to 17 global cities to support neurodiverse travelers.

Apr 25, 2025

Delta Air Lines has announced a new partnership with Uber, allowing SkyMiles members to earn miles on eligible Uber rides and UberEats orders.

Apr 25, 2025

Hainan Airlines has announced the introduction of exclusive discount vouchers for international transfer passengers at Haikou Meilan International Airport.

Apr 25, 2025

Alaska Airlines has announced the introduction of new nonstop services from San Diego to Phoenix, commencing on August 20.

Apr 25, 2025

Boeing has announced an agreement to sell portions of its Digital Aviation Solutions business to Thoma Bravo for $10.55 billion in an all-cash transaction.

Apr 25, 2025