Quantcast

Boeing faces turbulent year with shares plummeting amid multiple crises

Airport Workers Save the Day After Woman Loses Diamond from Her Engagement Ring in Baggage Carousel
I never talk to strangers on the plane. After my dad died, a passenger helped me talk about my grief.
American Airlines reveals new summer route: Miami → Rome
Budget UK airline launches huge sale with £29 flights to 475 holiday hotspots – but you’ll have to be quick
Delta Passengers Can Book a ‘Last Mile’ Private Jet Charter to Europe This Summer
Honeywell Runway Safety Technology Selected by Southwest Airlines for Fleetwide Installation
Southwest Airlines Adds Cockpit Alerts to Boost Runway Safety
This Airline Is Going to Start Handing Out $675 Fines to 'Unruly' Passengers: 'It Is Unacceptable'
Summer of savings? New analysis shows airfare has dropped significantly - The Points Guy
Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Pigeons Cause Chaos on Delta Flight
United Airlines’ Uniforms Get A Facelift—And A Political Filter
United Continues to Face Catering Chaos at San Francisco
Passenger Stows Away on Delta Flight from New York to Paris
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Ryanair forecasts fare rebound as consumers recover from interest-rate hit
Alaska Airlines' “Aviation Day” inspires future aviators
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
Qatar Airways places record $96 billion Boeing order amid Trump visit
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
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

Flying Food Group recently announced on LinkedIn the celebration of employee participation in the Sue Gin Fund at its Honolulu facility.

Jul 1, 2025

The 2025 Paris Air Show has concluded with numerous orders placed by major aircraft manufacturers including Airbus, ATR, Boeing, and Embraer.

Jul 1, 2025

First class air travel in the United States has seen a decline, yet it remains significant for premium domestic markets.

Jul 1, 2025

Both the IAE V2500 and CFM56 families of engines are widely recognized as successful turbofans in the aviation industry.

Jul 1, 2025

Embraer and CommuteAir have entered into an agreement to establish a maintenance, repair, and overhaul (MRO) facility at Perot Field Alliance Airport in Fort Worth, Texas.

Jul 1, 2025

Boeing has constructed a total of 1,573 Boeing 747 aircraft, including two Air Force One models pending delivery.

Jul 1, 2025