Boeing Faces Uphill Climb to Restore Confidence Amid Lawsuits, Scrutiny, and Financial Strains
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Legal peril - Boeing faces lawsuits from passengers and scrutiny from federal prosecutors over safety incidents, which could lead to criminal charges.
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Regulatory pressure - Regulators like the FAA are auditing Boeing's quality controls and limiting production until improvements are made.
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Cash burn - Boeing is losing billions due to lower production levels and poor margins in its commercial aircraft unit.
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Reputational damage - Repeated safety incidents have hurt confidence in Boeing's ability to make safe, reliable planes.
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Investor skepticism - Boeing's stock price has plunged as shareholders lose faith in the company's recovery plan and governance.