Why Shares of Boeing Are Down Today
Shares of Boeing (NYSE: BA) fell nearly 5% on Tuesday after a key airline customer said it could stall plane deliveries if travel demand does not quickly recover.
Boeing's issues predate the COVID-19 coronavirus, as the company has been scrambling to return its 737 Max to service after its March 2019 grounding. The company is hoping to win regulatory recertification for the plane by the second half of 2020, but recent events are leading to questions about what the near-term demand for the plane will be once it is flying again.
Image source: Boeing.
Source Fool.com
