Take-off or turbulence? Boeing’s 2024 in review

Matt Yome, Research Analyst

Neudata Intelligence
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Boeing made headlines again in November as the costly workers’ strike, which saw 33k union members dispute pay against the company, finally came to an end. However, this only represents a small fraction of the planemaker’s catastrophic year. A turbulent start to 2024 saw a technical malfunction on Alaska Airlines flight 1282, where a 737-9 aircraft lost a section of the fuselage mid-flight. Since then, the company has experienced significant safety issues, supply chain disruptions and a rigorous investigation ordered by the Federal Aviation Administration (FAA). Below, we have outlined a timeline of key events for Boeing.

Where Boeing has been hampered by safety issues and technical challenges, competitor Airbus has soared this year. As of September 2024, Airbus secured 432 new commercial orders and maintained its strong market position. By contrast, Boeing secured only 207 net orders, a steep drop from the previous year’s 510. As both aerospace giants compete fiercely for market share, investors are keeping a close eye on the respective companies’ revenue potential and stock performance.