You’ve probably read some not-so-great news about Boeing (NYSE: BA) in the past year or two. There have been product quality issues, such as when a panel of an airplane blew out midflight in early 2024. That led to the grounding of some 170 Boeing 737 Max 9 planes.
The company got hit with multiple lawsuits. The Federal Aviation Administration investigated Boeing and found multiple insufficient safety procedures. There’s been turnover in upper management, too, and disappointing earnings reports.
Image source: Getty Images.
In fact, Boeing has not even been posting profits lately. And a strike at the company is likely to leave it less profitable. Ouch!
If you’re feeling relieved that you haven’t been a recent Boeing shareholder, I can’t blame you — because if you’d parked, say, $10,000 in Boeing five years ago, you’d now have an investment worth $5,340 or so. That’s a total…
