Core Insights - The president of Emirates airline emphasizes the need for Boeing's new CEO to improve worker treatment to foster better company performance [1][6] - Boeing has faced significant challenges, including a seven-week strike and certification delays for the 777X model, leading to a decline in aircraft deliveries [2][3] - The company delivered only 348 planes in 2024, marking its lowest output since the pandemic [3][6] Company Performance - Boeing's shares fell by 31% in 2024, making it the largest decliner among the 30 stocks in the Dow Jones Industrial Average [5] - The company is undergoing a production overhaul under new CEO Kelly Ortberg, who took over in August [4] Industry Context - Emirates is one of Boeing's largest customers, with a significant order of over 200 modernized 777X aircraft [3] - Tim Clark believes Boeing's recovery will take years, suggesting that the company must prioritize quality and safety in aircraft production to regain profitability [4]

Key TakeawaysBoeing shares were among the few decliners in the Dow Jones Industrial Average Wednesday, one day after the aircraft maker reported a decline in 2024 plane deliveries.The stock has carved out a potential inverse head and shoulders between August and January, a classic chart pattern that signals higher prices.A measured move price target, which calculates the distance between the inverse head and shoulders’ head and its neckline, then adds that amount to the top of the pattern, forecasts a bulli ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.For The Boeing Company (NYSE: BA ), we already knew at the start of the year that the company would not see its delivery volumes pick up following the accident with the Boeing 737 MAX 9 , and things gotDhierin runs the investing group The Aerospace ...

Boeing delivered 348 commercial aircraft last year, fewer than half as many as rival Airbus.It's the sixth year in a row Boeing has lagged behind its European competitor.After a troubling year, the planemaker has a plan to turn things around.Boeing reported last year's delivery figures late Tuesday, and they show the scale of the challenge that lies ahead. The embattled planemaker delivered 348 commercial aircraft in 2024 — down by just over a third since the year before. It was its lowest figure since the ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The 787 Dreamliner, one of two major Boeing jets that serve as the revenue lifeblood for the embattled aviation giant. Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks. The annual figure was well below 2023 ...

Boeing's Performance and Challenges - Boeing was the worst-performing stock in the Dow Jones Industrial Average on Tuesday due to declining plane deliveries [2][5] - Boeing delivered 57 commercial planes in Q4 2024, down from 157 a year ago, and 348 for the full year, down from 528 [2] - Airbus delivered 269 planes in Q4 2024 and 766 for the full year, its highest since 2019, widening the gap with Boeing [2] Impact of Labor Dispute - Boeing's Q4 production was impacted by a nearly two-month strike by union machinists, resolved in November with a new contract agreement [3] Safety and Operational Setbacks - Boeing is still recovering from the Alaska Airlines incident in January 2023, where a 737 MAX plane had a door panel detach midair [4] - The FAA stated that Boeing's safety turnaround plan is "not a one-year project" [4] - In December 2023, a 737-800 operated by Jeju Air crashed, killing 179 people, adding to Boeing's challenges [4] Stock Performance - Boeing's shares slid 3% intraday and have lost nearly a quarter of their value over the past year [5] - The company is set to report its Q4 results on January 28 [5]

Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist strike in the fall that halted production.The tally widened the delivery gap with Boeing's chief rival, Airbus, which gave 766 jetliners to customers last year, the most since 2019, though both companies are facing supply chain str ...

ARLINGTON, Va., Jan. 14, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2024.The company will provide detailed fourth quarter financial results on January 28. Major program deliveries during the fourth quarter were as follows: Major Programs 4th Quarter 2024 Full Year 2024 Commercial Airplanes Programs 737 36 265 767 3 18 777 3 14 </td ...

People tend to ignore their government’s finances because they seem more complicated than personal finances, yet they are exactly the same. They are nothing more than ledgers of income, expenses, debts, and assets. Once this fact is accepted, investors can then make their investment decisions based on where these accounts are and how they affect the broader market and industries. On that note, today’s issue comes from the entire national debt. The issue is not the $36 trillion in debt but the amount of inte ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Jet maker The Boeing Company (NYSE: BA ) has been unable to turn the business around since the first Boeing 737 MAX crash in 2018. Expectations were high going into 2024, but the door plug accident withDhierin runs the investing group The Aerospace ...