Boeing has had a rocky first half of 2024, with shares down 30% since the start of the year. The aerospace giant has been under scrutiny since its latest incident in January, when a door panel blew out midair on its 737 Max 9 operated by Alaska Airlines. The National Transportation Safety Board has an investigation underway and on Thursday, it sanctioned Boeing for 'blatantly' violating regulations by sharing information about the investigation.
The Justice Department also said in May that Boeing violated a 2021 settlement that protected it from criminal charges tied to two fatal crashes involving its 737 Max planes. Prosecutors said they are still determining how to proceed. Meanwhile, Boeing CEO Dave Calhoun was blasted by a Senate panel earlier this month when he answered questions about the company's safety. Calhoun said in March he'll step down at the end of the year.