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The past few years have been a bumpy ride for Boeing (BA) investors, with safety concerns taking center stage. In fact, the latest jolt came last month on June 12, when a Boeing 787 Dreamliner operated by Air India crashed shortly after takeoff, claiming over 200 lives. Even though the Dreamliner has long been considered one of Boeing’s safest jets, the recent crash marked the first fatal incident involving the model.
The tragic incident has not only cast a shadow over the Dreamliner’s clean reputation but also reignited long-standing concerns about Boeing’s manufacturing practices, particularly in the wake of persistent quality-control issues with the 737 MAX. Interestingly, despite the negative headlines, BA stock hasn’t yet lost altitude. While shares did take a hit in the aftermath of the crash, the stock has also shown surprising resilience this year.