Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast

The cause of Thursday's devastating crash of an Air India Boeing 787 Dreamliner is not yet known, but it could complicate the jet maker's path forward as it tries to finalize an agreement with the US government over two other crashes that happened in the past decade.

Boeing "rolled out" 38 737 MAX planes in May, reaching the Federal Aviation Administration's production cap put in place after the Alaska Airlines panel blowout last year.

The Air India flight, carrying 242 passengers and crew members, crashed shortly after takeoff from Ahmedabad, India, en route to London Gatwick.

With public perception of Boeing still on shaky ground, it will fall to executives to move the company past a series of regulatory crises.

Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year.

Sept 13, 2024: About 33,000 Boeing factory workers walk off the job in a strike that will cripple production at one of the preeminent manufacturers in the U.S. for almost two months. It is the first labor action taken against the company in 16 years.

The crash happened just weeks after the company cut a deal with the U.S. government to avoid taking criminal responsibility for a pair of deadly crashes in 2018 and 2019.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

The Air India 787-8 crash could pose another long-term crisis for Boeing. Or not. But barring the crash, Boeing had been making seemingly significant progress in pulling itself from a multi-year slump.