Many companies will be eager to put 2020 behind them and surely so will Boeing (BA). The A&D giant had issues to contend with prior to the viral outbreak, but these were exacerbated by COVID-19’s ruinous impact on the airline industry.Reduced long-term commercial jet demand, aircraft delivery cancellations, terrible earnings and a scathing verdict from Congress for the design mistakes that led to the two deadly crashes of Boeing’s grounded jetliner, the 737 Max, have all been on the agenda in 2020.As a result, BA shares are down by a massive 52% so far this year.Heading into Wednesday’s Q3 earnings, …read more
Source:: Yahoo Finance
