Lots More on the Ongoing Mess That Is Boeing
Shares of Boeing, America's biggest aerospace manufacturer, have plummeted 40% so far this year. The company is facing a string of challenges, including fatal crashes of its 737 Max jet, a door blowing off another 737 aircraft, striking workers, and difficulties ramping up production. That's opened up some pretty existential questions for the company — including whether this former national champion will even survive for much longer. In the meantime, Boeing executives are trying to turn things around by raising additional capital and slashing the workforce to bring down costs. But will it work? In this episode, we speak with aerospace veteran Richard Aboulafia, a managing director at AeroDynamic Advisory, about the ongoing mess that is Boeing.
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Shares of Boeing, America's biggest aerospace manufacturer, have plummeted 40% so far this year. The company is facing a string of challenges, including fatal crashes of its 737 Max jet, a door blowing off another 737 aircraft, striking workers, and difficulties ramping up production. That's opened up some pretty existential questions for the company — including whether this former national champion will even survive for much longer. In the meantime, Boeing executives are trying to turn things around by raising additional capital and slashing the workforce to bring down costs. But will it work? In this episode, we speak with aerospace veteran Richard Aboulafia, a managing director at AeroDynamic Advisory, about the ongoing mess that is Boeing.
Read More:
Boeing Workers Reject Deal in Longshot Bid to Revive Pension
The Remarkable Story of Brazilian Jet Maker Embraer
Become a Bloomberg.com subscriber using our special intro offer at bloomberg.com/podcastoffer. You’ll get episodes of this podcast ad-free and exclusive access to our daily Odd Lots newsletter. Already a subscriber? Connect your account on the Bloomberg channel page in Apple Podcasts to listen ad-free.
See omnystudio.com/listener for privacy information.
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