Boeing, Air India and 787 Dreamliner
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TipRanks on MSNBoeing Faces Turbulence: Stock Drops Amid Crash ConcernsBoeing’s stock has experienced a significant decline of 7.90% over the past week, largely due to a tragic crash involving an Air India flight operated by a Boeing 787 Dreamliner
Even before today's incident, Boeing investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic and still faces government production restrictions on the 737 MAX that limits its cash flow and its ability to pay down that balance.
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials. Read why we remain bullish on the stock and the turnaround potential.
British man survives jet crash in India, only known survivor among 200+ passengers. Boeing's stock falls, analysts had recently upgraded it.