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Boeing is in big trouble. | CNN Business
You’d think Boeing’s already miserable 2024 couldn’t get any worse. Then a 787 plunged suddenly mid-flight Monday, injuring dozens of passengers, after a pilot said he lost control of the aircraft before recovering and landing the plane safely.
The company’s nonstop streak of bad news began the first weekend of the year, when part of an Alaska Airlines 737 Max blew off the side of the plane just after takeoff. That incident resulted in a temporary nationwide grounding of certain 737 Max jets, followed by congressional hearings, production and delivery delays, multiple federal investigations — including a criminal probe — and a stock that has lost a quarter of its value this year, shaving more than $40 billion off the company’s market valuation. Two weeks ago, the Federal Aviation Administration flagged safety issues with the de-icing equipment on 737 Max and 787 Dreamliner models that could cause engines to lose thrust.
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