Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, on June 25, 2024.
Jennifer Buchanan | Via Reuters
Boeing is embarking on another rebuilding year.
A year ago, the company was thrust back into the spotlight for concerns over safety and quality when a fuselage panel that covered an unused emergency exit door blew out midair from a nearly new Boeing 737 Max 9 operated by Alaska Airlines. The accident terrified those on board though no one was seriously injured and the plane made a safe emergency landing back in Portland, Oregon.
Key bolts were not installed before the aircraft left Boeing’s Renton, Washington, 737 factory, a preliminary National Transportation Safety Board report found, again tarnishing the image of the marquee U.S. exporter.
Boeing’s stock price is down more than 30% over the past 12 months, while the S&P 500 is up nearly 27%.
Boeing and S&P 500…