Why Boeing’s woes will take time to lift

[MongiIG]

Boeing’s Starliner launch was delayed due to a rocket glitch, but this is just one of many setbacks for the planemaker. The Federal Aviation Administration has opened new investigation into 787 inspections.

Written by: Angeline Ong | Financial Analyst, Presenter and Content Editor, London

 

Publication date: Tuesday 07 May 2024 17:44

Plus, probes surrounding the January door-plug incident continue. Tematica Research CIO, Chris Versace, believes it will take time before Boeing convinces its investors it has managed to get its house in order.

(AI Video Summary)

Discussing Boeing's recent challenges

In this exclusive IGTV interview, Angeline Ong speaks with Chris Versace, CIO of Tematica Research, focusing on Boeing's recent challenges, the space economy, and Apple's strategic moves. Boeing faces credibility issues due to continuous operational setbacks and potential investigations, affecting its stock desirability amid Airbus capitalising on these missteps. In the broader context, the conversation touches on the investment potential in the space economy, notably contrasting Boeing's situation with the advancements by Elon Musk and Jeff Bezos.

Fed interest rate decisions

Additionally, there's speculation on Federal Reserve's interest rate decisions in light of mixed economic indicators and inflation concerns. The dialogue then shifts to Apple, highlighting its efforts to innovate in AI and diversify income streams beyond hardware sales, with a critical look at its services business and the anticipation of new product announcements.

 

 

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