Boeing's stock is down 37% this year, while the S&P 500 is 17% higher, trading near its four-year low, compounded by a significant worker strike.
The International Association of Machinists and Aerospace Workers, representing over 30,000 Boeing employees, demands a 40% wage increase over three years, prompting concerns over prolonged work stoppages.
Boeing faced assembly quality issues highlighted by an incident where the door of a 737 Max blew off mid-flight, leading to investigations and the dismissal of CEO David L. Calhoun.
Experts suggest that regaining the trust of carriers and the flying public could take months or even years, as Boeing continues to report billions in losses.
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