Reported 7 months ago
Boeing, facing a series of aviation safety issues with their 737 and 777 aircraft, has been reported to acquire and integrate a former subsidiary to address the quality decline in their planes caused by cost-cutting measures on suppliers. The recent incidents of plane malfunctions and safety concerns have led to a significant drop in Boeing's stock prices. By considering the acquisition of their former subsidiary, Boeing aims to alleviate safety concerns and potentially improve production efficiency and quality control in their aircraft manufacturing process.
Source: YAHOO