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Manufacturer Continues to Navigate Challenging Recovery

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Boeing is undergoing a significant rebuilding phase after recent safety concerns, notably following an incident where a fuselage panel blew out mid-flight from a 737 Max 9. A National Transportation Safety Board report found missing installation of key bolts contributed to the accident. Over the past year, Boeing’s leadership implemented changes aimed at improving quality and safety, including executive replacements and enhanced factory training. Despite efforts, Boeing’s stock has fallen by over 30% in 12 months, and they have not posted a profit since 2018. New CEO Kelly Ortberg aims for a cultural shift focused on quality, supported by increased FAA oversight.

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