Why Boeing Shares Are Falling Today
A major Boeing (NYSE: BA) customer is speaking out about the company's woes and the need for an overhaul of the aerospace giant. Investors are understandably alarmed, sending Boeing shares down nearly 5% on Thursday afternoon.
Boeing has had a difficult run over the past few years. The company's 737 MAX, at one point expected to be the best-selling commercial airplane of all time, spent 18 months grounded after a pair of fatal accidents. The investigation into what went wrong exposed a lot of embarrassing details about the company's culture, and led to safety regulators taking a fresh look at a range of Boeing planes.
Image source: Boeing.
Source Fool.com
