Boeing Faces Mounting Challenges as Deliveries Plummet and Safety Concerns Persist

Amidst a safety crisis and regulatory scrutiny, Boeing's airplane deliveries hit a three-year low, signaling deeper issues within the company.

Boeing delivered only 83 planes in the first quarter of 2024, the lowest since 2021, amid increased regulatory scrutiny following a safety incident.
American Airlines placed a large order for 85 Boeing 737 Max 10 jets, a model yet to be approved by the FAA, showcasing a mix of confidence and challenges.
Boeing's production slowdown is attributed to quality control issues, notably after an Alaska Airlines 737 Max 9 door plug incident raised safety alarms.
CEO Dave Calhoun announced his departure by year's end, reflecting leadership changes in response to the company's ongoing crises.
Boeing's stock has fallen almost 29% in 2024, with Fitch warning of a potential downgrade to junk bond status, highlighting financial strains.