Boeing's First-Quarter Airplane Deliveries Plummet Amid Safety Crisis

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Source: CNBC
Boeing's First-Quarter Airplane Deliveries Plummet Amid Safety Crisis
Photo: CNBC
TL;DR Summary

Boeing's quarterly airplane deliveries dropped to 83, the lowest since mid-2021, as the company faces increased scrutiny following a safety crisis. The drop comes after an incident on Alaska Airlines Flight 1282, prompting the FAA to inspect Boeing's 737 Max production and restrict output until quality control is approved. Boeing is slowing production to improve quality control and avoid delays, with CEO Dave Calhoun set to step down by year's end. The company also compensated Alaska Airlines $160 million for a brief grounding of the 737 Max.

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