Transportation
Boeing Shares On Longest Losing Streak Since 2018
- Shares down for 10 straight trading sessions on Friday
- ‘Path forward on production is not very clear,’ JPMorgan says
Models of Boeing aircrafts during the 2024 Singapore Airshow.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
The turmoil at Boeing Co. has put the planemaker’s shares on their worst run since its 737 Max aircraft was involved in a deadly crash off Indonesia five years ago.
The recent troubles started early this year after a panel covering an unused door blew out mid-air during an Alaska Airlines flight. The near-calamity has led to regulatory probes, a sweeping management overhaul and a wider lack of confidence in the company’s safety controls.