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Tuesday, Jan 8
As alarmed executives and engineers at Boeing (BA) scramble to deal with the problems plaguing...
As alarmed executives and engineers at Boeing (BA) scramble to deal with the problems plaguing its flagship 787 Dreamliner, the stakes are high for company to get the problem fixed and fast. The combined two-day carnage from these two incidents (I, II) has already meant a 4.6% drop in BA’s share price, which translates into about a $2.6B hit to its market cap. And now, every time a 787 has a little glitch, it resets the confidence clock, which affects anyone considering flying on a 787, any airline thinking about ordering one and anyone thinking about investing in BA stock.