Part 2/4:
Safety and Quality Control Issues
Safety and quality control issues have already forced two CEOs to resign in disgrace. Today, Boeing is in a desperate financial position, having lost money every year since 2019. The company's financial position was so bad that in October of 2024, they had to conduct a $21 billion dilutive equity raise to shore up their balance sheet, the largest secondary offering in the history of the U.S. stock market.
The 737 Max Debacle
The 737 Max and 787 Dreamliner are the most modern aircraft in Boeing's commercial lineup, with the main innovation being their increased fuel efficiency. However, the 737 Max has been plagued by safety issues, leading to a global grounding of the aircraft and a significant decline in Boeing's commercial aircraft deliveries.