Boeing Returns to Crisis-Mode
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Even before Thursday, investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic.
"Also - and this can't be overstated - even with all the positive data points, trust between [Boeing] and its shareholders, customers and regulatory agencies is extremely fragile," they said.
Despite positive data points, trust between the planemaker and its shareholders, customers and regulators remains fragile
The Trump administration has been including orders for Boeing Co. planes in trade discussions, and that’s helping to restore Bank of America Corp.’s confidence in the stock.
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