16:06:49 EDT Sun 25 May 2025
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Boeing CDR (CAD Hedged)
Symbol BA
Shares Issued 1,250,000
Close 2024-12-30 C$ 30.63
Market Cap C$ 38,287,500
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Globe hears public say, If it's Boeing, I'm not going!

2024-12-30 05:28 ET - In the News

The Globe and Mail reports in its Saturday edition that you had one job, Boeing. The Globe's Tim Shufelt writes that at least the travelling public could be assured that you made good planes -- you know, the kind of planes that don't plummet from the sky, lose parts of their fuselage mid-flight or have loose bolts rattling around in them. The only reason we get on these things in the first place is because we are assured of their safety, despite our primal instincts telling us that sitting in a chair in the sky going 900 kilometres an hour is deeply unnatural. Boeing, whose once-venerable safety record went a long way to popularizing jet travel, started doing its utmost to shatter our faith in flying. Suddenly, people paid attention to the part of their flight reservation that lists the make of aircraft and said, "If it's Boeing, I'm not going." The company is now bleeding cash. In its last fiscal quarter, it posted a loss of $6.2-billion (U.S.). Its credit rating is on the verge of junk status. Boeing has now become a turnaround case of epic proportions. If it can pull it off, at least part of the agenda should be learning how to make airplanes great again -- MAGA, for short. Might look good on a hat.

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