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 Stock Falls on Slowing Plane Deliveries
Boeing(BA) Investopedia·2025-01-14 18:15