Boeing’s New 737 Woes Are an Ugly Plot Twist in a Comeback Tale
- Company expected to update investors at annual meeting Tuesday
- Planemaker has been recovering from years of crises and snafus
A Boeing 737 aircraft flies over Sydney, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Boeing Co.’s executives had a golden opportunity to talk up the planemaker’s turnaround at its annual shareholder gathering Tuesday. Instead, they’ll be in damage control mode — again.
The company is grappling with a manufacturing issue affecting its cash-cow 737 jetliner, which has temporarily brought some deliveries to a halt. While it’s too soon to know the full repercussions of the setback, one thing is clear: Boeing is in for a rocky few months.