It hasn’t been the best start to the year for Boeing. In early January a panel blew out of one of its aircraft mid-flight, with the carrier Alaska Airlines now saying inspections of its fleet found “many” other Boeing jets with loose bolts.
But the problems don’t end there. Another of the world’s biggest airlines, United, also said this week it’s weighing a strategy without the 737 Max-10, a model yet to be approved by the Federal Aviation Administration (FAA) due to delays.
The issues have seen Boeing share price tank by some 17% in the first three weeks of the year alone, wiping billions off the company’s market cap.
Litany of problems
The plane manufacturer apologized to customers and passengers following the emergency on Jan. 5, when a panel detached from the body of a 737 Max-9 jet which was carrying 177 people from Portland, Ore., to Ontario, Calif.
But the problems didn’t end with the apology.
In an interview released yesterday, the CEO of…