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Boeing is one of the most famous aircraft manufacturers out there with their planes even being used by presidents around the world. Despite their popularity though, Boeing has actually been losing billions of dollars per quarter over the past few years. At first glance, you may chalk this up to the pandemic decreasing global tourism and thus demand for aircrafts. Though this is true, Boeing has a variety of fundamental issues that have made the situation much worse for Boeing than any other aircraft manufacturer. This includes years of negligence, poor management, and a monopolistic position within the aircraft market. The culmination of these shortfalls is the primary reason for the initial failure of the Boeing 737 max. Though the 737 max was the first failure that caught the public's eye, Boeing has had a history of poor quality control and lack of timely action. This video explains the various reasons Boeing is on a downfall today and why their downfall is well deserved.

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Timestamps:
0:00 - Boeing’s Situation
1:17 - Raw Negligence
5:31 - Terrible Management
7:08 - Government Support
8:33 - Monopoly

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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