The State of Boeing (NYSE:BA) in Crisis - News Summed Up

The State of Boeing (NYSE:BA) in Crisis


Boeing (NYSE:BA) is not in a great place right now. Garuda has just cancelled 49 B737 MAX planes and is trying to return the 1 they have, as they believe their passengers do not have confidence in the plane. Boeing has lost $40+ in market value since the Ethiopian Airlines crash. It would be a braver person than me who chooses to board a Boeing 737 MAX in the near future, and I am not alone. Note: Federal Aviation Administration (FAA) grounded the Boeing 737 Max, planes were not left stranded where they were at the time of the halt.


Source: Ethiopian News March 24, 2019 06:45 UTC



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