Boeing, Air India and Paris
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A building used by Boeing in Kyiv was badly damaged in a recent large-scale Russian air attack, the Financial Times reported on Sunday, citing six people familiar with the matter and photographs seen by the newspaper.
Boeing Co. predicted airlines will need 43,600 new aircraft over the next 20 years, with markets like China and Southeast Asia leading the push as greater prosperity gives more people the means to travel.
A London-bound Air India plane carrying more than 240 people crashed shortly after takeoff Thursday. Authorities said there were no known survivors.
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The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.
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Boeing Co. Chief Executive Officer Kelly Ortberg finds himself in a familiar role — facing another crisis — this time a crash involving the company’s marquee 787 Dreamliner jet in India that killed more than 240 people.
Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
The investigation into Air India flight 171 crash opens up questions into the many concerns surrounding Boeing's 787.