Boeing’s year of crisis leaves investors wary

Quick Summary:

NEW YORK: What was supposed to be a comeback year for Boeing Co has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.

News that Boeing has resumed assembly of its bestselling aircraft – the 737 Max – helped spur its best weekly advance since mid-2023.

Things started to unravel in January, when a door plug on a Boeing aircraft blew off mid-air during an Alaska Air flight.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaUnited States

Topics: /Business/Business News Aircraft Aviation Boeing Plane-maker

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 00:00:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 765 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24445811

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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News Last Updated: 6 hours ago

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