Boeing's ambitious attempt to build the Boeing 2707, a supersonic jet designed to surpass the Concorde in size and speed, faced significant technical, economic, and environmental challenges, leading to its cancellation in 1971.
Boeing's stock plummeted on September 4, 2024, following an analyst downgrade to 'Underweight,' citing serious concerns over cash flow issues and ongoing delivery delays. The downgrade has raised significant questions about the company's financial health and operational efficiency.
Boeing accelerates the production of partially built 777s in response to a looming labor strike, aiming to mitigate potential delays and disruptions in the aviation industry. Read on to understand the impact of this move and what it means for airlines and the future of aircraft manufacturing.