“Hundreds of Quality System Violations”: Boeing Stock (NYSE:BA) Notches Up as FAA Prepares Fines

So the long, strange trip of aerospace stock Boeing (BA) and its door plug incident with Alaska Airlines (ALK) may be finally coming to an end, as the Federal Aviation Administration (FAA) has proposed a set of fines for the safety violations from the January 2024 incident. Investors seemed just glad it was over, as shares were up fractionally in Monday afternoon’s trading.

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The fine for “…a series of safety violations…” will come out to $3.1 million, reports note, which comes to about one-thirtieth of a new 737-700. The fines cover not only the door plug incident, but also for “…interfering with safety officials’ independence,” among a report that detailed “…hundreds of quality system violations.”

The FAA also revealed that a Boeing employee had “…pressured another Boeing worker performing tasks on behalf of the FAA to sign off on a Boeing 737 MAX airplane so the company could meet its delivery schedule despite the fact the employee had determined the aircraft did not comply with standards.” Boeing did not offer any comment on the matter, reports noted.

Farewell to Thee, 757

Condor, a German airline, is preparing to get rid of its last Boeing 757, a move it plans to complete by the end of this year. The last flights with the 757 have already been scheduled, and Condor even plans a special event for its last flight: a “farewell trip” that is already drawing the attention of “aviation enthusiasts.”

The very last flight, reports note, will be a run from Frankfurt to Hurghada on November 2, 2025. But the farewell trip will offer 75 tickets to be auctioned off on Condor’s online shop. It will run from Frankfurt to Vienna, and given a special farewell event complete with “…the world’s highest party,” reports note. This will ultimately end the 757’s tenure at Condor.

Is Boeing a Good Stock to Buy Right Now?

Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 18 Buys and one Hold assigned in the past three months, as indicated by the graphic below. After a 38.82% rally in its share price over the past year, the average BA price target of $262.71 per share implies 21.64% upside potential.