Boeing's Current Situation - Boeing is undergoing a rebuilding year following safety and quality concerns, particularly after a midair incident involving a 737 Max 9 operated by Alaska Airlines [1][2] - The company's stock price has declined by over 30% in the past 12 months, while the S&P 500 has risen nearly 27% [3] - Boeing has not posted an annual profit since 2018, with cumulative losses exceeding $30 billion since 2019 [6][7] Safety and Quality Issues - A preliminary NTSB report found that key bolts were missing from the 737 Max 9 involved in the Alaska Airlines incident, further damaging Boeing's reputation [3] - The company has implemented random quality audits and reduced defects in 737 fuselages produced by Spirit AeroSystems, which Boeing is acquiring [4] - The FAA has increased oversight of Boeing, capping 737 Max production and emphasizing the need for a cultural shift prioritizing safety over profits [5] Leadership and Workforce Changes - Boeing appointed Kelly Ortberg as its new CEO in August 2024, replacing Dave Calhoun [8] - The company faced a nearly two-month strike by machinists, which ended with a new labor deal including 38% raises but no pension reinstatement [8][9] - Boeing plans to cut 10% of its workforce, approximately 17,000 employees, as part of a focus on core businesses and portfolio review [10] Production and Delivery Challenges - The machinists' strike idled production of most Boeing jets, though factories have resumed output in recent weeks [9] - Boeing is focusing on stabilizing production to meet airline demand, while Airbus continues to lead in delivery volumes [9] - The company has faced delivery delays across multiple aircraft models, including the 737 Max, 787 Dreamliner, and Air Force One 747s [7] Financial and Strategic Moves - Boeing raised billions in funding during fall 2024 to address its ongoing crisis [10] - The new CEO emphasized the need to focus on doing fewer things better rather than expanding operations [10] - Ortberg has received praise from airline executives for his hands-on approach and understanding of Boeing's challenges [11][12]

国家广播电视总局办公厅发布关于实施"微短剧+"行动计划赋能千行百业的通知，其中提出，2025年， 广电总局将深入组织实施"跟着微短剧去旅行"创作计划，继续推进"跟着微短剧来学法""微短剧里看品 牌"创作计划，启动"跟着微短剧学经典""跟着微短剧来科普""微短剧里看非遗"等创作计划，实现在细 分领域，共推出300部左右具有引领作用和创新价值的重点微短剧，打造一批思想精深、艺术精湛、制 作精良的优质微短剧。 济南：二套房公积金贷款首付比例降低至20%，可贷额度提高至余额25倍 1月4日，济南公积金发布进一步优化住房公积金政策有关事项通知，调整了公积金贷款最低首付比例、 可贷额度等多项政策。其中，缴存职工购买二套自住住房申请住房公积金贷款的，最低首付比例由30% 调整为20%。住房公积金贷款额度计算由账户余额15倍提高至25倍；借款人按贷款额度计算方法计算的 可贷款额度不足20万元的，可贷款20万元。 特朗普对就职时美国仍"降半旗"表示不满 据新华社报道，美国候任总统特朗普3日在社交媒体上发文，对1月20日总统就职典礼当天美国国旗仍继 续因前总统吉米·卡特逝世而处于降半旗状态表示不满。被问及特朗普这一表态时，白宫新 ...

Executive Appointment - Boeing announced Dana Deasy as the new Chief Information Digital Officer and Senior Vice President of Information Technology & Data Analytics, effective December 31, 2024 [1] - Deasy will oversee information technology, information security, and data analytics, reporting directly to Boeing President and CEO Kelly Ortberg [1] - Deasy replaces Susan Doniz, who left the company in late 2024 [3] Leadership Background - Dana Deasy brings over 40 years of technology and leadership experience across multiple industries, including roles as CIO at the U.S. Department of Defense, JPMorganChase, BP, and General Motors [2] - Deasy started his career in information management at Rockwell's Space Systems Division [2] Strategic Focus - Boeing emphasizes the importance of IT in addressing cybersecurity threats and leveraging emerging technologies like artificial intelligence to meet safety, quality, and customer reliability goals [2] - The company aims to position itself for future growth through technological innovation and leadership in sustainability [4] Company Overview - Boeing is a leading global aerospace company, developing, manufacturing, and servicing commercial airplanes, defense products, and space systems for customers in over 150 countries [4] - As a top U.S. exporter, Boeing collaborates with a global supplier base to advance economic opportunity, sustainability, and community impact [4] - The company is committed to innovation, sustainability, and a culture rooted in safety, quality, and integrity [4]

Boeing 737 MAX 9 Incident and FAA Oversight - Investigators found that four key bolts were missing from the door plug of a Boeing 737 Max 9 aircraft, leading to a panel blowout at 16,000 feet during a flight on Jan 5, 2024 [1] - The FAA issued an emergency airworthiness directive, temporarily grounding all MAX aircraft with this type of plug door [2] - The FAA has taken unprecedented steps to transform its oversight of Boeing, including conducting unannounced audits and monthly status reviews with Boeing executives [2][5][6] Boeing Whistleblower Case - A Boeing whistleblower, John Barnett, was found dead in March 2024 after raising concerns about quality control issues at the company [3] - Barnett had been taking legal action against Boeing, alleging constructive discharge and seeking damages including back pay and emotional distress [4] FAA's Safety and Quality Improvement Efforts - The FAA has increased the number of inspectors on factory floors and capped production levels for the 737 Max [9] - Boeing was required to develop a comprehensive plan to address systemic production-quality problems [9] - The FAA has communicated the importance of a robust whistleblowing reporting program and ensured the independent FAA safety hotline information is shared with all Boeing employees [10] Boeing's Cultural Shift and Ongoing Challenges - The FAA chief emphasized the need for a fundamental cultural shift at Boeing, prioritizing safety and quality over profits [8] - Despite improvements, the FAA asserts that more work is needed, and the oversight project is not a one-year endeavor [8] - The FAA continues to support the NTSB's investigation of the door-plug accident and reviews recommendations to improve internal processes [6][7]

Key TakeawaysBoeing is working to improve its safety practices, but FAA head Mike Whitaker said Thursday the plan is "not a one-year project."Whitaker, who is leaving the FAA later this month, said the agency is still meeting with Boeing weekly to assess the plane maker's progress.Separately Friday, Boeing outlined its safety plan and some of the steps it has taken over the last year. Approaching one year since the Alaska Airlines (ALK) incident that saw a door panel detach from a Boeing (BA) plane in midai ...

Boeing (BA -2.90%) stock rose by 13.9% in December, according to data provided by S&P Global Market Intelligence. The move put a little shine on a disappointing year for the company and comes down to some positive news for Boeing.Good news for BoeingThe key to Boeing's recovery is ramping up its 737 MAX narrowbody aircraft production. Boeing must also return its defense business to profitability and ensure the 777X stays on its revised track for its first delivery in 2026. However, the stock won't prosper u ...

Core Points - South Korea's transport ministry announced a special inspection of all 101 Boeing 737-800 aircraft operated by South Korean airlines, focusing on maintenance records of key components following a deadly plane crash [1][4] - Boeing shares experienced a decline of more than 4% in early trading after the investigation announcement, later stabilizing to a decrease of 2.3% at approximately $176.52 per share [5] - The U.S. is sending investigators to assist in determining the cause of the recent plane crash at Muan International Airport, which resulted in only two survivors out of 181 onboard [6] Company Situation - Boeing has faced multiple crises throughout 2024, including the departure of its CEO, production slowdowns due to regulatory investigations into its safety culture, and a series of layoffs [3] - The incident involved a 15-year-old Boeing 737-800 jet that failed to deploy its landing gear, leading to a crash [2][4] - The Boeing 737-800 model is distinct from the 737 Max, which has been under scrutiny due to safety issues [7]

Stock Performance - Boeing's stock delivered an 11.24% price return, outperforming the S&P 500's 9.71% gain [1] Growth Prospects - Boeing has vast growth prospects in China's aviation market, estimated at $780B [1] Price Target - Technical analysis indicates a $200 price target for Boeing by 2024 [1] Analyst Background - Yiannis Zourmpanos, founder of Yiazou IQ, has a background in auditing and consulting at Deloitte and KPMG [3] - Yiazou IQ focuses on GARP/Value stocks, prioritizing high-quality, reasonably priced businesses with strong moats and growth potential [3] - The investment style emphasizes fundamentals, a margin of safety, and a long-term approach (5-7 years) for wealth accumulation [3]

Boeing's 737-800 Issues - Boeing's 737-800 aircraft are under scrutiny following two incidents involving Jeju Air flights in South Korea [1][5] - South Korea has grounded all 737-800s in the country for inspection, causing Boeing stock to drop 3.7% through 10 a.m. ET [2] - The incidents include a crash-landing of Jeju Air Flight 2216 at Muan International Airport, resulting in fatalities, and a second flight, 7C101, returning to Seoul due to a reported landing gear problem [5] Impact on Boeing - The 737-800 represents a small portion of Boeing's backlog, with only 12 out of 6,268 airplanes on order being 737-800s [4] - The incidents may raise concerns among Boeing's customers, potentially affecting future sales of any Boeing aircraft [7] Potential Causes - The issues with the 737-800 may be more related to Jeju Air's maintenance practices rather than the quality of Boeing's product, as both incidents involved Jeju Air [6] - In the case of Flight 2216, the plane aborted its first landing attempt, suffered a bird strike on the second attempt, and experienced a wheels-up landing, leading to a collision with a concrete wall and explosion [3] - Flight 7C101's landing gear problem resolved itself, but the plane returned to Seoul as a precaution [5]

Core Viewpoint - An emergency inspection of Boeing 737-800 aircraft has been ordered in South Korea following a fatal crash involving Jeju Air Flight 7C2216, raising concerns about the safety of this widely used aircraft model [1][10]. Group 1: Incident Details - The aircraft involved in the crash was approximately 15 years old and had been delivered to Jeju Air in 2017, previously operated by Ryanair [2]. - The crash resulted in the death of 179 out of 181 passengers, marking it as South Korea's worst air disaster in decades [10]. - Investigators are exploring various theories, including a potential bird strike that may have disabled the engines [3]. Group 2: Aircraft Specifications and Safety Record - The Boeing 737-800 is one of the most commonly used airplanes globally, comprising about 17% of the world's in-service commercial passenger jet fleet, with nearly 4,400 units in operation [4]. - The average age of the global 737-800 fleet is 13 years, with the last deliveries occurring about five years ago [11]. - Aerospace experts believe it is unlikely that a design flaw will be identified in the long-serving aircraft [5][8]. Group 3: Investigation Process - The National Transportation Safety Board (NTSB) is leading the investigation, which includes teams from Boeing and the FAA, as the aircraft was manufactured and certified in the U.S. [6]. - A full investigation may take over a year, and questions remain regarding why the landing gear was not deployed during the incident [12]. - Under international protocols, the country where the accident occurred will lead the investigation [13].