Boeing(US:BA) Mei Ri Jing Ji Xin Wen·2025-09-30 07:41Group 1: Boeing's New Aircraft Development - Boeing has begun developing a new narrow-body aircraft to replace the 737 MAX series, aiming to rebuild its market position and compete with Airbus [1] - Boeing's CEO, Kelly Ortberg, met with Rolls-Royce executives earlier this year to discuss potential collaboration on new engines for the aircraft [1] Group 2: Safety and Reputation Issues - Boeing has faced multiple safety incidents in recent years, damaging its reputation and marketing performance [3] - The company has been criticized for prioritizing profit over engineering excellence, particularly after acquiring McDonnell Douglas in 1997, leading to rushed product launches like the 737 MAX [3] Group 3: Financial Performance - Boeing reported a significant decline in revenue and aircraft deliveries, with a net loss of approximately $11.8 billion for the year [5] - In Q2 2024, Boeing's revenue was $22.75 billion, a 35% increase from $16.87 billion in the same period last year, while the net loss was $612 million, an improvement from a loss of $1.44 billion in Q2 2023 [6] Group 4: Regulatory and Legal Challenges - Boeing's financial losses were partly due to a settlement with the U.S. Department of Justice related to two fatal crashes involving the 737 MAX, costing the company $445 million [6] - The company is facing fines of approximately $3.1 million from the FAA for safety violations identified between September 2023 and February 2024 [7] Group 5: Market Position and Stock Performance - Boeing's certification work for the 737 MAX 7 and MAX 10 models is now expected to be delayed until 2026 [9] - As of September 29, Boeing's stock price was $217.08 per share, having halved since its peak in 2019 [9]