Lots More on the Ongoing Mess That Is Boeing

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 25 October 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

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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1:00.0	Innovation.
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1:10.0	Feel like we might have made a mistake recording this episode on Wednesday, October 23rd, which is the day that we're awaiting the strike vote over at Boeing.
1:21.5	Oh, yeah, but you know, yes, that's right, that's annoying timing, but on the other hand what I would say is that Boeing's issues seem so deep, etc.
1:32.6	That the strike is only one angle.
1:35.2	It's just another trouble.
1:36.2	And so even if there were, you know, even if there were all the, you know,
1:39.1	by the time people listen to this and there's some resolution,
	...

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