Does Boeing still have a place in the Dow Jones index?

The Dow Jones Industrial Average is an icon of the financial world, representing 30 companies that are considered the backbone of the American economy. These companies are supposed to be stable, profitable and fiercely competitive. But in recent years, that characteristic has clearly not been true for Boeing. This raises the question: Does Boeing still belong in this prestigious index?

The answer seems increasingly obvious - no.

The history and evolution of Boeing $BA in the DJIA

Boeing became part of the Dow Jones index in 1987, 90 years after the index was created. For a long time, Boeing was considered an icon of American industry, with a significant position in the global aircraft manufacturing market. But developments in recent years, particularly the problems surrounding the 737 Max, have left a big dent in the company's reputation. Since the Max crashes in 2018 and 2019, the company has been posting long-term financial losses, its profitability is at a low, and investor and…