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  • Boeing’s Turbulent Trajectory A Timeline of Crises

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    Boeing is the world’s leading manufacturer of commercial airplanes and defense, space, and security systems. The company’s reputation is built on a long history of innovation, excellence, and leadership. Boeing is a multibillion-dollar enterprise with more than 165,000 employees worldwide. Over the past two years, the company has experienced several turbulent events. Let’s start from 2008, when a series of corporate scandals resulted in a loss of confidence in the company

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    In the year 2000, Boeing embarked on the second major round of acquisition to bolster its holdings in aerospace engineering. The new entrant to the aerospace world was Airbus Industries, and the American firm’s acquisition of this German aircraft manufacturer made it the largest single aerospace acquisition by an American company, by a long shot. In its second round of acquisitions, Boeing bought a company known as MagniX, Inc. This was a relatively small firm

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