Forbes - GE's Brush With Collapse Now Mirrors Boeing's Struggles
Mar 17, 2024
Reflecting on General Electric's past challenges and Boeing's current predicament, it's evident both giants grappled with strategic and market-driven hurdles. For investors, Boeing presents a cautionary tale of how quickly fortunes can turn due to operational missteps and unforeseen crises like the 737 MAX debacle and the pandemic's impact. The situation underscores the critical need for adaptability and effective risk management. As Boeing navigates through these turbulent times, strategies like seeking government aid and leveraging its order backlog might offer a path toward stability, echoing GE's recovery measures. However, lingering uncertainties suggest investors should proceed with caution, weighing the potential for both recovery and further decline.