Boeing Company (BA)

The past six months have seen several events impacting Boeing's stock price, largely related to ongoing safety and production issues. In January 2025, a door panel blew out mid-flight on an Alaska Airlines Boeing 737 MAX 9, leading to a grounding of the MAX 9 and a production cap by the FAA. In March 2025, trust in Boeing plummeted following a series of safety issues and the death of a Boeing whistleblower. In June 2025, the NTSB stated that Boeing failed to provide adequate training and oversight to prevent the January 2024 incident, and reports emerged that U.S. prosecutors recommended criminal charges against Boeing.

Demand for Boeing's products and services is closely tied to the global air travel market. Air travel demand has recovered and surpassed pre-pandemic levels, with Boeing projecting a 3% increase in airplane deliveries over the next 20 years. Emerging markets are anticipated to play a significant role in global air travel growth. Boeing expects demand for aircraft to be fairly evenly distributed across major markets. Single-aisle airplanes are expected to account for the majority of commercial deliveries over the next 20 years. Boeing currently faces challenges in keeping up with demand.

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. It also provides leasing and product support services. Boeing is a leading global aerospace manufacturer and a top U.S. exporter. The company operates in the Aerospace and Defense industry and is a major player in aircraft, engine, and parts manufacturing, space vehicle and missile manufacturing, aircraft maintenance, repair and overhaul, and unmanned aerial vehicle (UAV) manufacturing. Boeing Commercial Airplanes (BCA) produces commercial aircraft such as the 737, 767, 777, and 787 Dreamliner. The Defense, Space & Security division builds military airplanes, rotorcraft, and missiles, as well as space systems. Boeing Global Services (BGS) provides aftermarket support for commercial, defense, and space customers.

Boeing has a significant global presence, serving customers in approximately 150 countries and maintaining employees and operations in more than 65 countries. The company's corporate headquarters are located in Crystal City, Virginia, U.S. Boeing's global reach includes manufacturing, service, and technology partnerships with companies and governments worldwide, and it contracts with over 20,000 diverse suppliers and partners. More than 70% of Boeing's total backlog is represented by customers outside the U.S. Its geographic divisions segment operations by region to address varying customer needs and regulatory landscapes, with strategic hubs in Europe, Asia-Pacific, and the Middle East supporting international growth.

Boeing's brand reputation has faced significant challenges due to safety lapses and controversies. In July 2024, Boeing agreed to plead guilty to a criminal fraud conspiracy charge. In January 2025, the mid-flight door panel blowout on an Alaska Airlines 737 MAX 9 severely wounded Boeing's reputation. In March 2025, a series of safety incidents and the death of a whistleblower further eroded public trust. In June 2025, the NTSB's findings regarding the door plug incident and a recent Air India crash continued to impact the company's image. Despite these challenges, Boeing was recognized as the world's most valuable Aerospace & Defence brand for the tenth consecutive year in April 2025, with its brand value rising 12% year-on-year to USD 18.2 billion. However, brand sentiment data indicates a significant drop in reputation, particularly in Q1 2024.

The ownership of The Boeing Co. (BA) is primarily held by institutional investors, with a smaller percentage held by individual investors and insiders. Major institutional owners include Vanguard Group Inc., BlackRock Inc., Capital Research Global Investors, State Street Corp, Fmr Llc, and Newport Trust Co. As of August 2024, top individual shareholders included David Calhoun, Stanley Deal, and Theodore Colbert III.