Editor’s Note: Today’s Safety Net comes from Financial Research Associate Andrew Hubbarth.
– Mable Buchanan, Assistant Managing Editor
Boeing Co. (NYSE: BA) has made headlines over the past year and a half for all the wrong reasons.
In October 2018, Lion Air Flight 610 crashed in Indonesia, and in March 2019, Ethiopian Airlines Flight 302 also crashed minutes after takeoff.
These tragedies resulted in 346 people losing their lives and the eventual grounding of all Boeing 737 Max planes worldwide. Anti-stall and flight control software malfunctions and the need for proper pilot training were cited as reasons for the crashes.
The 737 Max grounding set …read more
