What Has BA Stock Done For Investors?

Boeing (NYSE: BA) may be the world's best-known manufacturer of commercial jetliners, but it's no longer the biggest. A spate of design problems with a couple of its newest aircraft has raised lingering questions since the first of them materialized in 2018, allowing rival Airbus to take the lead.Then the COVID-19 pandemic took hold in early 2020, effectively shutting down the world's travel industry. The business sector has since technically bounced back in terms of total passenger trips. Yet, somehow, it's more anemic than before. Numbers from the International Air Transport Association (IATA) indicate that this year's global air travel revenue will still be less than 2015's collective top line, with profit margin rates also holding below pre-pandemic levels. The industry is struggling. In this vein, Boeing itself remains in the red.This begs the question: How much of a toll has all this taken on Boeing stock?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool