Shares of Boeing (BA) moved more than 2% lower Wednesday amidst concerns that the company could be in more legal trouble. This time, the Department of Justice (DOJ) has said that the company could face prosecution for breaching a contract that was put in place to avoid legal trouble associated with the fatal 2018 [...]
Shares of Boeing Co. (BA) are down more than 3% to start the week after news of the US Justice Department’s criminal investigation broke. The airliner is being probed for its role in a recent near-disaster aboard a January 5 flight in which a door plug blew out, leaving a hole in the 737 [...]
Last week an Alaska Airlines flight experienced a near disaster on its flight from Portland, Oregon to Ontario, California. A Boeing 737 Max 9 aircraft experienced a full panel blowout just 6 minutes into the flight. As a result of the scare, the Federal Aviation Administration (FAA) made the decision to ground 171 Boeing [...]
