Boeing is stuck 'digging' itself out of the hole it created [Yahoo! Finance]
GE Aerospace (GE)
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Source: Yahoo! Finance
Barron's associate editor Al Root recently made a trip to a Boeing manufacturing plant and tells Josh Lipton and Seana Smith about the experience and analyzes the company's outlook. "There's more than 2 million parts in a 737, so it would be foolish to say that, 'Oh, I went to the plant and now I know the quality's improved,' but they spent a lot of time trying to carefully detail 'these are the kinds of changes we've made so something like that can never happen again,'" Root explains. He notes that Boeing doesn't have a lot of leeway to come back from the situation, saying, "They have to be perfect from this point forward... that's all part of the process of digging themselves out of this hole they built." As CEO Dave Calhoun plans to step down by the end of the year, Root ponders different successors — both internal and external candidates. "Should they have no ties to Boeing? Should they have a lot of ties to Boeing? Because it's a complex organization where you need a lot of c
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